Q3
a)
i) state 3 uses of index numbers
ii) State 2 limitations of index numbers
b)
The prices and quantities (in Kg) of four food items ( gari,
milk, sugar, and rice) purchased by an individual household in a
typical month in 2010, and 2015 are given in the following
table
Food item 2010 2015
Price (GHS) Quantity (Kg) Price (GHS) Quantity (Kg)
Gari 300 6 410 10
Rice 810 5 420 14
Milk 280 4 1250 4
sugar...