Which of the following is Not one of the uses of an index number?
A. To measure the economic well being of a country
B. Basis for comparing related series for administrative purpose
C. To measure the direction of movement of economic variables
D. To deflate series
Answer:C
Which of the following is Not one of the uses of an index number?
A. To measure the economic well being of a country B. Basis for comparing related series for administrative purpose C. To measure the direction of movement of economic variables D. To deflate series