Introduction to...

____ does not study individual cases

Index numbers helps in …………….

Suppose we want to know the average changes in the price of a set of commodities in 2010 with respect to the prices of same set of commodities in 2008. In this case what will be the base year?

The industrial development of a country is reflected by ……………

Laspeyre’s index formula uses the weights of the

In index numbers, price in the base year is denoted by ……….

Base year in an index number should be an year in which theses are

A composite price index based on the prices of a group of items is known as the

A composite price index where the prices of the items in the composite are weighted by their relative importance is known as the

In Laspear’s Index number _____ year quantities are used