Generally,composite Indexes Rather Than Individual Indexes Are Used to Indicate

question 99

True/False

Generally,composite indexes rather than individual indexes are used to indicate the general movement of the economy because combinations of multiple measures provide better gauges of the general pattern than individual measures that contain spurious movements that are difficult to interpret.

---

Definitions:

Practical Intelligence

The ability to solve everyday problems through the use of experiential knowledge and skills.

Linguistic Intelligence

The ability to understand, learn, and apply language effectively.

Crystallized Intelligence

The ability to use learned knowledge and experience, which typically increases or remains stable with age.

Fluid Intelligence

The ability to solve new problems, use logic in new situations, and identify patterns.