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Question Practice

Which index number is primarily concerned with measuring changes in retail prices over time?

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

Which index number is primaril...

Single Answer MCQ
Q-00063079

Which index number is primarily concerned with measuring changes in retail prices over time?

1

Wholesale Price Index (WPI)

2

Consumer Price Index (CPI)

3

Industrial Production Index (IPI)

4

Sensex

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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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