Index number ard barometer.Explain how?
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Index number is a number which expresses the relative change in magnitude of a variable or number of variables during a specified period. ... The index numbers are known aseconomic barometer or economicindicators since they help in understanding the changes ineconomic conditions of the society.
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Index number is a number which expresses the relative change in magnitude of a variable or number of variables during a specified period. ... The index numbers are known as economic barometer or economic indicators since they help in understanding the changes in economic conditions of the society.......
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