Chain-type indexes are intended to offset the disadvantages of relying on fixed- weight versus current-weight indexes.

Question

Quizplus · Accepted Answer

Chain-type indexes are designed to provide a more accurate measure of economic changes over time by updating the weightings of different components, thus avoiding the distortions that can arise from using either fixed-weight or current-weight indexes exclusively.

Chain-Type Indexes Are Intended to Offset the Disadvantages of Relying