Question
What are weights in the Laspeyre’s method?
Solution
In Laspeyre’s method, the weights are the quantities of the base year.
What are weights in the Laspeyre’s method?
In Laspeyre’s method, the weights are the quantities of the base year.
The wholesale price index.
D.A. paid to the workers is based on:
Why do we need an index number?
Why is it essential to have different CPIs for different categories of consumers?
What does a consumer price index for industrial workers measure?
What is the difference between a price index and a quantity index?
Is the change in any price reflected in price index number?
Can the CPI for urban non-manual employees represent the changes in the cost of living of the President of India?
Try to list the important items of consumption in your family.
The consumer price index for june, 2005 was 125. The food index was 120 and that of others items 135. What is the percentage of the total weight given to food?
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