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What is Chain Based Index Numbers?
A chain based index is one whereas the index is calculated every year by using the previous year as the base year. This kind of index measures rate of change from year to year.
This method is appropriate where weights are changing rapidly and items are constantly being brought into the index and unwanted items taken out. This can be a quantity or price index
I need answers for these 10 exam questions: 1.Input-output (Leontief) model: main assumptions and construction. Definition of productivity. Necessary condition of productivity of i
a washing machine costs $640 plus an installation charge of 7.5% what is the totalcost?
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Sharon needs to make 25 half-cup servings of soup. How many ounces of soup does she required? One cup is 8 ounces, so half a cup is 4 ounces. Multiply 25 by 4 ounces to find ou
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