The test that requires that the product of Price Index & the corresponding quantity index number should be equal to the value index number is known as
A. Unit Test
B. Time Reversal Test
C. Factor Reversal Test
D. Circular Test
Answer:C
The test that requires that the product of Price Index & the corresponding quantity index number should be equal to the value index number is known as
A. Unit Test B. Time Reversal Test C. Factor Reversal Test D. Circular Test