If the Laspeyres index is 111.95 and the Paasche index is 122.58, what is Fisher's ideal index?
A) 117.144
B) 13722
C) 137.22
D) 173.14

Name: If the Laspeyres index is 111.95 and the Paasche index is 122.58, what is Fisher's ideal index? A) 117.144 B) 13722 C) 137.22 D) 173.14
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Quizplus · Accepted Answer

Fisher's ideal index is calculated as the geometric mean of the Laspeyres and Paasche indices. Therefore, it is the square root of (111.95 * 122.58), which equals approximately 117.144.

If the Laspeyres Index Is 111