Which of the following methods is used to calculate the Consumer Price Index? Options: A . &nbspLaspeyres’s formula B . &nbspFisher’s formula C . &nbspPalgrave’s formula D . &nbspNone of the above

Which of the following methods is used to calculate the Consumer Price Index?

Question

Which of the following methods is used to calculate the Consumer Price Index?

Options:

A . Laspeyres’s formula

B . Fisher’s formula

C . Palgrave’s formula

D . None of the above

Answer: Option A

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Question 1. An index number that can serve many purposes is known as a _______.....

Question 2. Fisher’s method of calculating the index number is based on the _______.....

Question 3. What is the name of the monthly price index that takes price changes in consumer goods and services and uses it to deter....the price of those products over a period of time?

Question 4. Which of the following is the index that is used to measure changes in total money value?....

Question 5. Commodities that show considerable price fluctuations can be measured by a ________.....

Question 6. The purchasing power of money is ________.....

Question 7. Index number for base year is always considered as------....

Question 8. Index number is a special type of ----------....

Question 9. Index number is always expressed in ----------....

Question 10. Index number is also called as-----------....

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