Measure the change in quantity of goods are called ________________?
Correct answer: D. Quantity Index Number
- A. Simple 1. No.
- B. Aggregative 1. No.
- C. Appropriate
- D. Quantity Index Number
Explanation
A quantity index number measures changes in the physical quantities of goods, such as units produced or sold. A price index instead measures changes in prices, so the quantity-based option is appropriate.
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