Complete the correlation : ______ : Base year price : : P1 : Current year price
Q.1 (A) (iv) Complete the correlation : ______ : Base year price : : P1 : Current year price
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Answer: P0
In index number notation the subscript 0 stands for the base year and 1 for the current year. So \(P_0\) is the base year price and \(P_1\) is the current year price.
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· 28 Oct 2026
AI-verified · Oct 2026
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