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Question Practice

Which of the following is true about the base period in index numbers?

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

Which of the following is true...

Single Answer MCQ
Q-00063047

Which of the following is true about the base period in index numbers?

1

It is always the current year

2

It is assigned an index value of 100

3

It must be the most recent year

4

It depends on the choice of the analyst

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Q1.

What does an index number measure?

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Q2.

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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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