The construction of an index number is not an easy task. Various problems hamper the construction of index number such…
Just like a person working for some one expects remuneration or a landlord expects rent from tenant, the provider of…
Average a simple but important tool for decision making which is used by almost every individual, businessman, and even institutions…
In general terms financial market is a mechanism of delivering savings from the households, governments, and corporations to the users…
The geometric mean of Laspeyre’s and Paasche’s price indices is called Fisher’s price Index. Fisher price index uses both current…
If the quantities of base time period are taken as weights, the weighted aggregative price index is called Laspeyres price…
If the weights are taken as the arithmetic mean of base and current year quantities, then the weighted aggregative index…
If the quantities of current time period are taken as weights, the weighted aggregative index is called Passche’s Price Index.…
Consumer price index compares the price changes with changes in income, wage rates, retail sales etc. Consumer price index is…
Most index numbers are subjected to revision from time to time due to different reasons. In most cases it becomes…