Which of the Following Is a True Statement Regarding a General

Multiple Choice

Which of the following is a true statement regarding a general price index?

A) Its computation does not require statistical sampling.
B) It is narrowly constructed to determine the changing level of prices in a particular segment of the economy.
C) It is broadly constructed for ascertaining the change in prices for all goods and services.
D) It cannot be used to compute price-level adjusted historical cost.