The price index used to measure inflation is a a. Simple average of its components b. Stratified average of its components c. Weighted average of its components d. Geometric average of its components

Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter14: Valuation: Market-based Approach
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The price index used to measure inflation is a
a.
Simple average of its components
b.
Stratified average of its components
c.
Weighted average of its components
d.
Geometric average of its components
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