A composite price index where the prices of the items in the composite are weighted bytheir relative importance is known as the

– by
Question:

A composite price index where the prices of the items in the composite are weighted bytheir relative importance is known as the

A.

price relative

B.

weighted aggregate price index

C.

consumer price index

D.

none of the above

Answer» b. weighted aggregate price index

Note: The above multiple-choice question is for all general and Competitive Exams in India.