26. Lesson 4(DOT)6(COLON) Index numbers and measuring change over time

Key Themes In Lesson 4.6: Index Numbers And Measuring Change Over Time — Quiz

Test your understanding of key themes in lesson 4.6: index numbers and measuring change over time with 5 practice questions.

Practice Questions

Question 1

What is the primary purpose of an index number?

Question 2

In relation to index numbers, what does a base year represent?

Question 3

What type of index number is used to measure changes in price levels?

Question 4

Which of the following is commonly used to calculate an index number?

Question 5

If the index number for a certain year is 120, what does this indicate?