Balbharati solutions for Economics HSC 12th Standard Maharashtra State Board
Chapter 6. INDEX NUMBERS
Q.5. State with reason whether you agree or disagree with the following statement:
1. Index numbers measure changes in the price level only.
Options
Agree
Disagree
Reasons: -
No, I disagree with the above statement
Index numbers are also used to measure changes in the price level from time to time.
It enables the government to undertake appropriate anti-inflationary measures.
