Which of the following are the major characteristics of index numbers? Options: A . &nbspIt is expressed in percentages B . &nbspIt measures the net or relative changes in variables C . &nbspIt measures changes over a period of time D . &nbspAll of the above

Which of the following are the major characteristics of index numbers?

Question - Which of the following are the major characteristics of index numbers?

Options:

A . It is expressed in percentages

B . It measures the net or relative changes in variables

C . It measures changes over a period of time

D . All of the above

Answer: Option D

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