Question

what are the problems arising in constructing index numbers

Answer 1

it is your answer pleas give me brain mark

Answer 2

Answer:

Thank you for your question. let me help in finding the true answer.

 

There are many difficulties of arising in constructing index numbers. They are given below.

Problem of selecting base period.

problem of collecting prices.

Problem of selecting the things or commodities.

Problem of selecting the method of average.

problem arising from changing overtime.

Problem of weight assigning.

Also, difficulty of comparison internationally.

Difficulty of comparing different places.

I hope this will help you