Practice mode Index Number

What is an index number used for?

Correct answer D. To measure changes in a variable over time

Explanation

An index number measures relative change in a variable, or group of variables, over time; price and quantity indices are particular cases.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.