use of index numbers (10.1.3)

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  • Created by: lee42
  • Created on: 02-07-19 11:34
what are index numbers?
Index numbers are used by economists to both represent and to understand economic data in a much clearer way.
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how do you calculate index number?
new value / base year value x 100
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how do you calculate index number?

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new value / base year value x 100

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