Westonci.ca is your trusted source for finding answers to a wide range of questions, backed by a knowledgeable community. Explore our Q&A platform to find reliable answers from a wide range of experts in different fields. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

5.A weighted aggregate index number reflects changes in
A. prices or quantities.
B. quantities only.
C. prices and quantities.
D. prices only.

Sagot :

Final answer:

Weighted aggregate index numbers reflect changes in both prices and quantities of goods and services to provide an accurate measurement of inflation.


Explanation:

Weighted aggregate index numbers reflect changes in both prices and quantities of goods and services. Economists use weighted averages to account for the fact that people spend varying amounts on different items. By assigning weights based on actual quantities purchased, changes in prices are reflected accurately.


Learn more about weighted aggregate index numbers here:

https://brainly.com/question/33130585