Each of the following statements is either True or False with your choice of the answer by writing F for False.

- a)Simple Aggregative and simple Geometric mean of price relatives formula satisfy circular Test.
- b)Base year prices are taken as weights in Laspeyre’s quantity index numbers.
- c)Fisher’s Ideal Index formula obeys time reversal and factor reversal tests.
- d)None of these.

Correct answer is option 'D'. Can you explain this answer?

Related Test: Test: Index Numbers- 2

This discussion on Each of the following statements is either True or False with your choice of the answer by writing F for False.a)Simple Aggregative and simple Geometric mean of price relatives formula satisfy circular Test.b)Base year prices are taken as weights in Laspeyres quantity index numbers.c)Fishers Ideal Index formula obeys time reversal and factor reversal tests.d)None of these.Correct answer is option 'D'. Can you explain this answer? is done on EduRev Study Group by CA Foundation Students. The Questions and
Answers of Each of the following statements is either True or False with your choice of the answer by writing F for False.a)Simple Aggregative and simple Geometric mean of price relatives formula satisfy circular Test.b)Base year prices are taken as weights in Laspeyres quantity index numbers.c)Fishers Ideal Index formula obeys time reversal and factor reversal tests.d)None of these.Correct answer is option 'D'. Can you explain this answer? are solved by group of students and teacher of CA Foundation, which is also the largest student
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Each of the following statements is either True or False with your choice of the answer by writing F for False.a)Simple Aggregative and simple Geometric mean of price relatives formula satisfy circular Test.b)Base year prices are taken as weights in Laspeyres quantity index numbers.c)Fishers Ideal Index formula obeys time reversal and factor reversal tests.d)None of these.Correct answer is option 'D'. Can you explain this answer? over here on EduRev! Apart from being the largest CA Foundation community, EduRev has the largest solved
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