To define a price index number, decisions about three components are necessary.Name two of those components.

Name: To define a price index number, decisions about three components are necessary.Name two of those components.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The Answer is any two of the following are ok:
1) the base year or time period
2) the list of goods and services to be included
3) how to weight the particular goods and services.

To Define a Price Index Number, Decisions About Three Components