An index number is a valuable tool because-14913
An index number is a valuable tool because:
This multiple choice question (MCQ) is related to the book/course
vu mgt411 Money & Banking.
It can also be found in
vu mgt411 Final Term - Quiz No.8.
An index number is a valuable tool because:
The number by itself provides all of the useful information needed
The index provides a meaningful measurement scale to calculate percentage changes
The index is more stable than the data it reflects
It does not require any calculations to compute percentage changes
