Economy, asked by panickeraswathy34, 11 months ago

Index numbers are economic barometres.Explain how ?

Answers

Answered by Utkarshkesharwani933

Explanation:

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.

Follow me

Mark as brainlist

Previous Question

Next Question

Similar questions

Science, 5 months ago

ਪਾਰਦਰਸ਼ੀ ਵਸਤੂ ਦੀ ਪਹਿਚਾਣ ਕਰੋ ...

Math, 5 months ago

solve PDE p²+q²=x²+y²...

Chemistry, 5 months ago

find the odd one out smog ,oxides of Nitrogen, chlorofluorocarbons, iron. and give the scientific reason.

Math, 11 months ago

Sausages come in packets of 12. Bread rolls come in packets of 18. Dan wants to buy enough packs of sausages and rolls so that there are an equal number of sausages and rolls. What is the minimum number of sausages and rolls he needs to buy?

Science, 11 months ago

what do all acids and bases have in common. Explain the experiment to verify this...

Math, 1 year ago

Write the formula derived from Heron formula for area of triangle and explain each letter off it...

Math, 1 year ago

Solve for x:2(2x+3)/(x-3)-25(x-3)/(2x+3)=5...

History, 1 year ago

state the types of encyclopaedia...

Index numbers are economic barometres.Explain how ? ​

Answers

Index numbers are economic barometres.Explain how ?