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2.1.3 Uses of index numbers
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What an index number shows

What an index number shows

An index number expresses the value of a variable relative to a base year. The base year is set equal to 100, so changes over time are easier to read.

2.1.3 Uses of index numbers Lesson

  1. A Level
  2. /Economics
  3. /2.1.3 Uses of index numbers

Step-by-step lessons covering AQA A Level Economics 2.1.3 Uses of index numbers for A Level Economics. Each lesson works through exam-style questions in Paper 1, Paper 2 and Paper 3 format. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.