27.Laspeyre‘s method and Paasche‘s method do not satisfy(a) Unit Test(b) Time Reversal Test(c) Factor Reversal Test(d) none
28.The purpose determines the type of index no. to use29.The index no. is a special type of average
Get answer to your question and much more
Get answer to your question and much more
30.The choice of suitable base period is at best temporary solution
Get answer to your question and much more
31.Fisher‘s Ideal Formula for calculating index nos. satisfies the _______tests(a) Units Test(b) Factor Reversal Test`(c) bothnone(d)32. Fisher‘s Ideal Formula dose not satisfy _________ test
Get answer to your question and much more
33. ____________________ satisfies circular test
Get answer to your question and much more
34. Laspeyre‘s and Paasche‘s method _________ time reversal test
Get answer to your question and much more
35. There is no such thing as unweighted index numbers(a) false(b) true(c) both(d) none
36. Theoretically, G.M. is the best average in the construction of index nos. butin practice. mostly the A.M. isused
Get answer to your question and much more
37. Laspeyre‘s or Paasche‘s or the Fisher‘s ideal index do not satisfy