Advertisements
Advertisements
प्रश्न
The impact of change in the price of a commodity with little weight in the index will be ______
विकल्प
small
large
uncertain
MCQ
रिक्त स्थान भरें
उत्तर
The impact of change in the price of a commodity with little weight in the index will be small.
Explanation:
A lesser important commodity is assigned lower weight as it would not have a significant effect of price change.
shaalaa.com
Inflation and Index Numbers
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
APPEARS IN
संबंधित प्रश्न
In most of the weighted index numbers, the weight pertains to ______
What is the difference between a price index and a quantity index?
The monthly expenditure (Rs.) of a family on some important items and the Goods and Services Tax (GST) rates applicable to these items is as follows:
| Item | Monthly Expense (Rs) | GST Rate % |
| Cereals | 1500 | 0 |
| Eggs | 250 | 0 |
| Fish, Meat | 250 | 0 |
| Medicines | 50 | 5 |
| Biogas | 50 | 5 |
| Transport | 100 | 5 |
| Butter | 50 | 12 |
| Babool | 10 | 12 |
| Tomato Ketchup | 40 | 12 |
| Biscuits | 75 | 18 |
| Cakes, Pastries | 25 | 18 |
| Branded Garments | 100 | 18 |
| Vacuum Cleaner, Car | 1000 | 28 |
Calculate the average tax rate as far as this family is concerned.
