why is fisher's Index number consider the ideal
Index number
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Answer:
The reason the Fisher index is called the ideal index is twofold. Because it combines the Paasche index and the Laspeyres index, the index satisfies the time reversal test and the factor reversal test.
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Answered by
2
Answer:
The reason the Fisher index is called the ideal index is twofold. Because it combines the Paasche index and the Laspeyres index, the index satisfies the time reversal test and the factor reversal test.
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