Which of the Following Statements Concerning the Index of Production

question 8

Multiple Choice

Which of the following statements concerning the Index of Production is NOT true?

• A) In the UK, the index includes finance, communications and agriculture
• B) It is a good measure of the business cycle
• C) Many of the series presented are seasonally adjusted
• D) Indices are classified using the Standard Industrial Classification (1992 version)

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Definitions:

Biological Information

Data relating to the characteristics, distribution, and populations of living organisms.

Conservation Biology

The science of protecting and managing biodiversity to prevent species, their habitats, and ecosystems from excessive rates of extinction.

Economic

Relating to the system of production, distribution, and consumption of goods and services in a society, and the study of how scarce resources are allocated.