A Simple Index Is Computed by Using the Values of One

question 16

Multiple Choice

A simple index is computed by using the values of one time series,while a(n) ___________ index is based on a "market basket" consisting of more than one time series.

• A)Weighted
• B)Aggregate
• C)Cyclical
• D)Trend

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Definitions:

Nationalist Movement

A political, social, or cultural movement aimed at gaining or maintaining a sense of national identity, sovereignty, or independence for a particular group or territory.

Mahatma Gandhi

An Indian lawyer, anti-colonial nationalist, and political ethicist who led the successful campaign for India's independence from British Rule, and in doing so, employed non-violent resistance as a pivotal political tool.

Treaty of Versailles

The treaty that ended World War I in 1919, imposing heavy reparations and territorial losses on Germany, contributing to the rise of resentment and World War II.

Great War

Refers to World War I (1914-1918), a global conflict originating in Europe, involving many of the world's major powers.