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Question Practice

Which of the following is true about the Consumer Food Price Index (CFPI)?

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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-00063123

Which of the following is true about the Consumer Food Price Index (CFPI)?

1

Includes alcoholic beverages

2

Excludes cooked meals and snacks

3

Focuses on all consumer goods

4

Measures overall inflation

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Q1.

What does an index number measure?

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Q2.

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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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