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Choose the correct option: Statements that are incorrect in relation to index numbers. a) Index number is a geographical tool. b) Index numbers measure changes in the air pressure. - Economics

MCQ

Choose the correct option:

Statements that are incorrect in relation to index numbers.

a) Index number is a geographical tool.

b) Index numbers measure changes in the air pressure.

c) Index numbers measure relative changes in an economic variable.

d) Index numbers are specialized averages.

Options

  • c and d

  • a and b 

  • b and c

  • a and d

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Solution

a and b

Concept: Index Numbers
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APPEARS IN

Balbharati Economics 12th Standard HSC Maharashtra State Board
Chapter 6 Index Numbers
Exercise | Q 1. (1) | Page 59
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