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Question Practice

What differentiates the Composite Consumer Price Index from other price indices?

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

What differentiates the Compos...

Single Answer MCQ
Q-00104165

What differentiates the Composite Consumer Price Index from other price indices?

1

It reflects only urban consumer prices

2

It combines multiple index measures for a comprehensive assessment

3

It covers prices of only agricultural products

4

It does not adjust for inflation

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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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