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Question Practice

Which of the following is an implication of a weighted price index exceeding 100?

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

Which of the following is an i...

Single Answer MCQ
Q-00063040

Which of the following is an implication of a weighted price index exceeding 100?

1

It indicates deflation.

2

It signals a decrease in purchasing power.

3

It shows an increase in cost of living.

4

It calculates production levels.

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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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