Match List I with List II.
|
LIST I |
LIST II |
|
A. Time reversal test is satisfied by |
I. Quantity price index |
|
B. Index number which study change in total value of production |
II. Fisher's Index Price |
|
C. Purchasing power of money can be accessed through |
III. Consumer price index |
|
D. Index number which helps in studying level of physical output in an economy |
IV. Value index number |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 2
The correct answer is Option () -
Match the items logically:
A. Time reversal test is satisfied by → Fisher’s Index Price
B. Index number which studies change in total value of production → Value index number
C. Purchasing power of money can be assessed through → Consumer price index
D. Index number which helps in studying level of physical output in an economy → Quantity price index
The correct answer is: A–II, B–IV, C–III, D–I