Been given an assignment to evaluate the Konus Cost of Living Index Number using the axiomatic approach that is used to evaluate other Price Indices. The tests that I should use are
1. Identity test
2. Proportionality test
3. Invariance to changes in scale test
4. Symmetric treatment of countries or time test
5. Symmetric treatment of commodities test
6. Invariances to changes in units test
7. Monotonicity test
8. Mean value test
9. Circularity test
Any help would be appreciated.