Economy, asked by raunit96271, 5 months ago

State any four features of index number

Answers

Answered by judahemmanuel066

Answer:

1. Measures of relative changes: Index number measure relative or percentage changes in the variable over time. 2. Quantitative expression: Index numbers offer a precise measurement of the quantitative change in the concerned variable over time

Answered by sanikapandya8

Answer:

"1. Measures of relative changes: Index number measure relative or percentage changes in the variable over time. 2. Quantitative expression: Index numbers offer a precise measurement of the quantitative change in the concerned variable over time."

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