Economy, asked by Sid451, 1 year ago

what are index number? Explain the role of bae sir in the construction of index number

Answers

Answered by ayush579
3
An index number is a statistical derives to measure changes in the value of money. It is a number which represents the average price of a group of commodities at a particular time in relation to the average price of the same group of commodities at another time.



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