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What is the distinctive feature of Paasche's Index Number? -

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प्रश्न

What is the distinctive feature of Paasche's Index Number?

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उत्तर

A distinctive feature of Paasche’s index number is that it uses a group of commodities purchased in the current year period as the basis of comparison. The formula for measuring Paasche’s index number is as follows:

P01 = `(sum"p"_1"q"_1)/(sum"p"_0"q"_1) xx 100`

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