Economy, asked by nidhigrace, 5 hours ago

What are the basic issues in the construction of an index number?

Answers

Answered by mayankdaiya23
2

Answer:

10 Difficulties faced in the Construction of Index Numbers | Economics

  • Difficulties in the Selection of the Base Period: ...
  • Difficulties in the Selection of Commodities: ...
  • Difficulties in the Collection of Prices: ...
  • Arbitrary Assigning of Weights: ...
  • Difficulty of Selecting the Method of Averaging:

Explanation:

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