A price index as a statistic, measures
...A price index as a statistic, measures
How the value of money changes over time
The volume of currency in the economy
The exchange rate of a country's currency
The composition of goods and services
Correct answer is A
A price index is a measure of how prices change over a period of time, or it is a way to measure inflation.
In an inflationary period which of the following statements is NOT true? ...
The public sector of an economy includes ...
Privatization and commercialization of public enterprise in Nigeria is necessitated by ...
In Economics, want means…………aspiration ...
Collectivism refers to the management of state enterprises in a ...
ECOWAS has taken a giant step towards economic integration by ...
In the equation Q = a - bp + e; Q and P are .... Variables respectively. ...
Optimum population enables an economy to attain the highest level of ...
An electrical engineer who is teaching physics in a secondary school is said to be ...