Question

Quantity Index number is also called _______
1. volume index number
2.value index number
3.price index number
4.special purpose index number​

Answer 1

Answer: 3.price index number

Explanation:

Quantity Index Number is also known as Weighted Index Number. Price Index Number takes into account the prices of the commodity of the base year as well as of the current year. Quantity Index takes into consideration the weights of goods assigned according to the quantity.

Answer 2

Answer:

3

Explanation:

price index number

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