When the product of price index and the quantity index is equal to the corresponding value index then the test that holds is

CA Foundation · Quantitative Aptitude · MTP · September 2024
When the product of price index and the quantity index is equal to the corresponding value index then the test that holds is
(A) A. Unit Test
(B) B. Time Reversal Test
(C) C. Factor Reversal Test
(D) D. none holds

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Factor Reversal Test

Topics: Part-C: Statistics

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