A Simple Aggregate Price Index Is the Ratio of the Sum

question 3

True/False

A simple aggregate price index is the ratio of the sum of the prices of the n commodities in the current period to the sum in some base period, multiplied by 100.

---

Definitions:

Puncture Wound

A type of injury caused by an object piercing the skin and creating a small, deep hole.

Mononucleosis

A highly contagious viral infection caused by the Epstein-Barr virus (EBV).

Epstein-Barr Virus

A common herpesvirus that causes infectious mononucleosis and is associated with certain cancers and autoimmune conditions.

Normal Flora

The population of microorganisms that normally inhabit the body without causing disease, contributing to its health.