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Chapter 6. INDEX NUMBERS 3. Index numbers can be constructed without the base year.

Balbharati solutions for Economics HSC 12th Standard Maharashtra State Board 

 

Chapter 6. INDEX NUMBERS

3. Index numbers can be constructed without the base year.

 
Options

Agree

Disagree

Reasons: -

No, I disagree with the above statement

1. Index numbers can be misused. 


2. They compare a situation in the current year with a situation in the base year.