Balbharati solutions for Economics HSC 12th Standard Maharashtra State Board Chapter.
Chapter 6. INDEX NUMBERS
Q.2. Complete the Correlation:
1. Price Index : Inflation :: Quantity Index : Agricultural production.
2. Po: Base year prices :: p1 : Current year prices
3. Laaspeyre's index : Base year quantities :: Paasche's index : Current year quantities.
4. univariate index : Single variable :: Composite index : Group of variables