106k views
1 vote
12. Why do economists use index numbers to measure the price level rather than dollar value of goods?

ECON QUSTION

User EEAH
by
6.7k points

1 Answer

0 votes

Answer: index numbers are a constant statistical series which are designed and used to measure changes in the prices of goods and services over a certain period of time.

Step-by-step explanation:

hope it helps

User Alex Nik
by
8.3k points