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Question Practice

If an index number calculation yields a result above 100, what can typically be inferred?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Economics
Statistics for Economics
Index Numbers
Question Bank

If an index number calculation...

Single Answer MCQ
Q-00063083

If an index number calculation yields a result above 100, what can typically be inferred?

1

A decrease in price levels

2

An increase in price levels

3

No change in value

4

Inconsistency in data

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Q1.

What does an index number measure?

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Q2.

Which formula represents a simple aggregative price index?

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Q3.

What is meant by a weighted index number?

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Q4.

Which of the following is a limitation of simple index numbers?

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