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      Question

      Which Index number satisfies both the time reversal test

      and the factor reversal test?
      A Fisher Correct Answer Incorrect Answer
      B Paasche Correct Answer Incorrect Answer
      C Laspeyre Correct Answer Incorrect Answer
      D Both Fisher and Laspeyre Correct Answer Incorrect Answer

      Solution

      Only Fisher's index number is the ideal index number which satisfies time reversal and factor reversal test.

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