գնի ինդեքս

գնի ինդեքս

A measure of the average prices of a group of goods relative to a base year. A typical price index for a vector of quantities q and prices p^b, p^g in the base and given years respectively would be I = 100p^gq / p^bq.

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Part of Speech: noun
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Industry/Domain: Economy
Category: International economics
Company: University of Michigan
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Related terms

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