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What is ideal index

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What is ideal index

Posted by Abhishek Yadav 6 years, 10 months ago

CBSE > Class 11 > Economics

1 answers

Yaser Siddiquee 6 years, 10 months ago

Ideal volume index is the geometric mean of the Laspeyres and Paasche volume indices. Context: A measure of change in volume from period to period. It is calculated as the geometric mean of a chain Paasche volume index and a chain Laspeyres volume index.

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