Economics · Statistical Index Numbers
Which of the following index numbers satisfies both the Time Reversal Test and the Factor Reversal Test?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Laspeyres Index
- 2Paasche Index
- 3Fisher's Ideal Index✓
- 4Marshall-Edgeworth Index
Correct answer
Fisher's Ideal Index
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