An index which is constructed from a group of variables is considered as:
A) Composite index
B) Univariate index
C) Multiple index
D) None of the above
Correct Answer:
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Q9: In business and economics, index numbers can
Q10: _ ignore(s) the relative importance of the
Q11: The circular test is satisfied by
A)Laspeyres' Index
B)Paasche's
Q12: The components or a time series are
A)Secular
Q13: The coefficient of correlation
A)Has no limit
B)Can be
Q14: Index number are expressed in
A)Ratios
B)Squares
C)Percentages
D)Combinations
Q15: Symbolically time reversal test is given as
A)Po1
Q16: Consumer price index indicates
A)Rise
B)Fall
C)Both (a) and (b)
D)None
Q17: Fisher's ideal index number is the geometric
Q19: Purchasing power of money can be accessed
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