Choose the correct option : Statements that are correct in relation to Index Numbers :(a) Index numbers are a geographical tool.(b) Index numbers measure changes in the air pressure.(c) Index numbers measure relative changes in an economic variable.(…
Q.1 (A) (iii) Choose the correct option : Statements that are correct in relation to Index Numbers :
(a) Index numbers are a geographical tool.
(b) Index numbers measure changes in the air pressure.
(c) Index numbers measure relative changes in an economic variable.
(d) Index numbers are specialized average.
Options :
A. (1) c and d
B. (2) a and b
C. (3) b and c
D. (4) a and d