P0 indicates-

Question

P0 indicates-

Toppr Admin · Accepted Answer

Correct option is A- Price of the base yearP0 indicates the price of the base year- P0 plays an important role while measuring Index numbers-160- Index numbers measure a net or relative change in a variable or a group of variables- P1 is the price of current year-Hence- option A is correct-

P0 indicates:

Correct option is A. Price of the base year
P0 indicates the price of the base year. P0 plays an important role while measuring Index numbers. Index numbers measure a net or relative change in a variable or a group of variables. P1 is the price of current year.
Hence, option A is correct.

P0 indicates:

Correct option is A. Price of the base yearP0 indicates the price of the base year. P0 plays an important role while measuring Index numbers. Index numbers measure a net or relative change in a variable or a group of variables. P1 is the price of current year.Hence, option A is correct.

Correct option is A. Price of the base year
P0 indicates the price of the base year. P0 plays an important role while measuring Index numbers. Index numbers measure a net or relative change in a variable or a group of variables. P1 is the price of current year.
Hence, option A is correct.