Math, asked by AhmadTaha6739, 11 months ago

Index numbers are called as economic barometers.

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Answered by kaurguneet38852

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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