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.
Malthus contention is that ...
Which of the following economic system is in operation in Nigeria? ...
From the table above, the average product of the 3rd unit of labour is ...
Which of the following is not done by the NNPC? ...
The channel for food distribution in Nigeria consist of ...
Basic extractive activities are classified as ...
The best way of presenting data in tabular form is in ...
Which of the following is a disadvantage of sole proprietorship? ...
When the general price level persistently falls, the rate of unemployment ...