Question

41. Fisher's ideal index number is:
(A) Arithmetic mean of Laspeyre's and Paasche's index
(B) Harmonic mean of Laspeyre's and Paasche's index
(C) Geometric mean of Laspeyre's and Paasche's index
(D) None of the above​

Answer 1

Answer:

C Geometric Mean of

Explanation:

Fisher's Ideal volume index is the geometric mean of the Laspeyres and Paasche volume indices. A measure of change in volume from period to period. It is calculated as the geometric mean of a chain Paasche volume index and a chain Laspeyres volume index