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Question Practice

Which index method is more complex due to considerations of quantity and value?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Economics
Statistics for Economics
Index Numbers
Question Bank

Which index method is more com...

Single Answer MCQ
Q-00063038

Which index method is more complex due to considerations of quantity and value?

1

Laspeyres method

2

Paasche method

3

Weighted aggregative method

4

Simple aggregative method

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Q1.

What does an index number measure?

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Q2.

Which formula represents a simple aggregative price index?

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Q3.

What is meant by a weighted index number?

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Q4.

Which of the following is a limitation of simple index numbers?

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