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pdf | 11.56 MB | English| Isbn:9781134029150 | Author: S.N. Afriat, Carlo Milana | Year: 2008​

Description:

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

Category:Business, Economics, Economics - General & Miscellaneous

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