The circular test is satisfied by: MCQ with Answer and Explanation

The circular test is satisfied by:
A. Chain index using fixed weight price relatives
B. Fisher index
C. Both A and C
D. Fixed weight aggregates
Answer: Option C
Solution (By JKExamLibrary)
Fixed weight aggregates and chain indices with consistent linking can satisfy circular test, while Fisher does not.

This question belongs to: Accountancy and Statistics Statistics

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