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Question Practice

What can be a limitation of index numbers?

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

What can be a limitation of in...

Single Answer MCQ
Q-00063052

What can be a limitation of index numbers?

1

They cannot compare different variables

2

They are always difficult to understand

3

They ignore base year prices

4

They may not reflect true economic conditions

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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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