History, asked by mukhtarahmad03925, 5 months ago

what is index number.point out its utility and limitation?​

Answers

Answered by ELECTROBRAINY
4

Explanation:

Limitations of Index Numbers:

The index numbers prepared for one purpose cannot be used for another purpose. For example, the cost-of-living index numbers of factory workers cannot be used to measure changes in the value of money of the middle income group.

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