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0 votes
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in Economics by (37.0k points)

Statements related to features of Index Numbers. These are specialised form of averages. 

These help to determine price index. 

These are not the barometers of economic activity. 

Base year is taken as 100. 

Options : 

(1) a, b and d 

(2) b, c and d 

(3) b and c 

(4) All of these

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1 Answer

+1 vote
by (34.7k points)

Correct option: (1) a, b and d

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