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Sauron [17]
3 years ago
8

Which of the following statements concerning price indexes is not accurate

History
2 answers:
bogdanovich [222]3 years ago
6 0
Price indexes define the cost of goods in the entire economy at a given point in time❤
Lana71 [14]3 years ago
3 0

Answer

The statement concerning price indexes which is not accurate is Price Indexes define the cost of goods in the entire economy at a given point in time

Explanation

The scale used in measuring changes in the levels of prices is called price index. This percentage scale can be based on prices of a single good or a market basket. The indices have direct effect to wages of union staff whose adjustments in cost of living depend on consumer price index.


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