The price relative is a price index that is determined by

1.   ?    (price in period t/base period price)(100)
2.   ?    (base period price/price in period t)(100)
3.   ?    (price in period t + base period price)(100)
4.   ?    none of the above

A composite price index based on the prices of a group of items is known as the

1.   ?    Laspeyres Index
2.   ?    Paasche Index
3.   ?    aggregate price index
4.   ?    Consumer Price Index

A weighted aggregate price index where the weight for each item is its base period quantity is known as the

1.   ?    Paasche Index
2.   ?    Consumer Price Index
3.   ?    Producer Price Index
4.   ?    Laspeyres Index

A monthly price index that uses the price changes in consumer goods and services for measuring the changes in consumer prices over time is known as the

1.   ?    Paasche Index
2.   ?    Consumer Price Index
3.   ?    Producer Price Index
4.   ?    Laspeyres Index

A monthly price index that measures the changes in the prices of goods sold in a primary market is known as the

1.   ?    Consumer Price Index
2.   ?    quantity index
3.   ?    Index of Industrial Production
4.   ?    Producer Price Index

Though no longer the case, historically, the Dow Jones Averages were aggregate price indexes showing the prices of stocks listed

1.   ?    on the American Stock Exchange
2.   ?    over the counter
3.   ?    on the New York Stock Exchange
4.   ?    none of the above

A composite price index where the prices of the items in the composite are weighted by their relative importance is known as the

1.   ?    price relative
2.   ?    weighted aggregate price index
3.   ?    Consumer Price Index
4.   ?    none of the above

A weighted aggregate price index where the weight for each item is its current-period quantity is called the

1.   ?    Laspeyres Index
2.   ?    aggregate index
3.   ?    Consumer Price Index
4.   ?    Index of Industrial Production
5.   ?    Paasche Index

An index that is designed to measure changes in quantities over time is known as the

1.   ?    time index
2.   ?    quantity index
3.   ?    Paasche index
4.   ?    change index
5.   ?    none of the above

A quantity index that is designed to measure changes in physical volume or production levels of industrial goods over time is known as the

1.   ?    physical volume index
2.   ?    time index
3.   ?    Index of Industrial Production and Capacity Utilization
4.   ?    none of the above