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Explain some of the uses of index numbers

      

Explain some of the uses of index numbers.

  

Answers


Mutiso
Uses of index numbers includes the following
- Determination of cost of living
- Determination of income variation with years ?
Changes in stock prices
- Relationship between industries and time
- Countries' economies can be compared easily
- Acts as a control measure
Mutiso answered the question on December 6, 2018 at 08:06


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