An index that is designed to measure changes in quantities over time is the
A) Aggregate price index.
B) Quantity index.
C) Relative quantity index.
D) Index of Industries.

Question

Quizplus · Accepted Answer

A quantity index is specifically designed to measure the changes in quantities over time, while the other options are not specifically designed for this purpose. The aggregate price index is designed to measure changes in prices, the relative quantity index is not a commonly used index, and the index of industries is designed to measure changes in the performance of different industries. Therefore, the best choice for an index designed to measure changes in quantities over time is a quantity index.

An Index That Is Designed to Measure Changes in Quantities