Hindi, asked by parwati60, 10 months ago

index numbers are economic barometer. explain how?​

Answers

Answered by ItZbLoOdSiLeNtGiRl
9

Answer:

Index numbers are economic barometers because it measures change in the price level, studies a change in the standard of living, useful in planning and decision making, determines the level of production and helps the government in framing policy.

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