Consider the following
1. Changes in quality
2. Changes in compositions
3. Tastes and preferences
4. Price differences
Which of the above impose limitations in the use of price indices to measure the terms of trade?| A. | 1 and 2 |
| B. | 2 and 3 |
| C. | 1,2 and 3 |
| D. | 1,2 and 4 |
Answer : D Explanation : |
|
|
Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
