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Index Number
Index Number
Economics
Statistics
Laspeyres Index
Paasche Index
Understanding index numbers as indicators showing the relative size of variables based on a chosen base value, typically representing averages or aggregates across sectors.
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Definitions
Current-Weighted, or Paasche, Volume Index
Economics
Index Number
Paasche Index
A comprehensive guide to understanding the current-weighted, or Paasche, volume index.
Read more about Current-Weighted, or Paasche, Volume Index.
Definitions
Base Period - Definition and Meaning
Base Period
Economics
Index Number
Laspeyres Index
Paasche Index
The period whose data are identified with an index of 100 (or sometimes 1) for the construction of an index number.
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Definitions
Value Index
Value Index
Economics
Index Number
An explanation of the Value Index in economics, including its definition, calculation, and practical applications.
Read more about Value Index.
Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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