26. Lesson 4(DOT)6(COLON) Index numbers and measuring change over time
Lesson Focus — Quiz
Test your understanding of lesson focus with 5 practice questions.
Practice Questions
Question 1
What is a simple index number?
Question 2
When rebasing an index number, what primary action is taken?
Question 3
What is the purpose of a price index?
Question 4
What does the Consumer Prices Index measure?
Question 5
Weighted index numbers take into account what factor?