Economics and the Price Index

Economics and the Price Index

Författare: S.N. Afriat, Carlo Milana
Förlag: Taylor & Francis
Upplaga: 1
Utgivningsår: 2008
ISBN: 9781138805330

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The price index, a pervasive long established institution for economics, is a number issued by the Statistical Office that should tell anyone the ratio of costs of maintaining a given standard of living in two periods where prices differ. For a chain of three periods, the product of the ratios for successive pairs must coincide with the ratio for t

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