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Balbharati solutions for Economics HSC 12th Standard Maharashtra State Board Chapter. Chapter 6. INDEX NUMBERS Q.2. Complete the Correlation

Balbharati solutions for Economics HSC 12th Standard Maharashtra State Board Chapter.

 

Chapter 6. INDEX NUMBERS


Q.2. Complete the Correlation:


1. Price Index : Inflation :: Quantity Index : Agricultural production.


2. Po: Base year prices :: p1 : Current year prices


3. Laaspeyre's index : Base year quantities :: Paasche's index : Current year quantities.


4. univariate index : Single variable :: Composite index : Group of variables