A simple aggregate index compares the sum of values in the current period to the sum of values in a base period.

Name: A simple aggregate index compares the sum of values in the current period to the sum of values in a base period.
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A simple aggregate index, also known as a simple index, does compare the sum of values in the current period to the sum of values in a base period. It is a basic form of index that measures changes in the total value of a group of items or a market.

A Simple Aggregate Index Compares the Sum of Values in the Current