Gross Reproduction Rate (GRR) ignores: MCQ with Answer and Explanation
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Question #1
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Time reversal test in index numbers implies that if the base and current periods are interchanged, the resulting index should be the ______ of the original.
Correct Answer: Option C
Explanation:
P₀₁ × P₁₀ = 1, i.e., they are reciprocals.
P₀₁ × P₁₀ = 1, i.e., they are reciprocals.
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Accountancy and Statistics
Statistics
Question #2
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General Fertility Rate is a better measure of fertility than CBR because it:
Correct Answer: Option B
Explanation:
GFR restricts the denominator to the population at risk, i.e., women 15-49 years.
GFR restricts the denominator to the population at risk, i.e., women 15-49 years.
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Accountancy and Statistics
Statistics
Question #3
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Consumer Price Index (CPI) measures changes in:
Correct Answer: Option A
Explanation:
CPI tracks the average change over time in the prices paid by consumers for a market basket of goods and services.
CPI tracks the average change over time in the prices paid by consumers for a market basket of goods and services.
This question belongs to:
Accountancy and Statistics
Statistics
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