A quantity index that is designed to measure changes in physical volume or production levels of industrial goods over time is known as the

physical volume index

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time index

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Index of Industrial Production and Capacity Utilization

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none of the above

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Solution

The correct option is C Index of Industrial Production and Capacity Utilization
A quantity index that is designed to measure changes in physical volume or production levels of industrial goods over time is known as the Index of Industrial Production and Capacity Utilization.

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