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O-LevelEconomicsGovernment and the macroeconomy2281/11 · May/June 2020 · Q221 Mark

What would not be required in the construction of an index of consumer prices?

Athe selection of a base year
Bthe selection of a representative range of items
Cthe calculation of average wage levels
Dthe weighting of each item in the index

✓ Correct answer

C: the calculation of average wage levels

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About this question

Topic
Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2020 Paper 1 Variant 1, question 22.

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