Examlex

Solved

Is a Generic Entity Type That Is Related to One

question 78

Multiple Choice

is a generic entity type that is related to one or more entity subtypes.


Definitions:

Price Levels

The overall average price of all goods and services made in the economy.

Consumption Levels

The amount of goods and services consumed by an individual or population.

Base Year

A point of reference year used for comparative purposes, especially in economic indices and statistics.

Laspeyres (Fixed-Weight) Price Index

A method of calculating price changes over time, using the quantities of the base year as weights.

Related Questions