Give economic term : Index number which is constructed with some specific purpose.
Q.1 (C) (iv) Give economic term : Index number which is constructed with some specific purpose.
Q.1 (C) (iv) Give economic term : Index number which is constructed with some specific purpose.
Best answer
Answer: Special purpose index number
A special purpose index number is constructed for a specific purpose, e.g. the cost of living index number of industrial workers or an index of agricultural production.
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