Which index number formula satisfies both time reversal and factor reversal tests?

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Team JKSSB Mock Tests · Accepted Answer

Fisher's ideal index, being the geometric mean of Laspeyres and Paasche indices, is the only common formula that satisfies both time reversal and factor reversal tests, ensuring mathematical consistency.

Which index number formula satisfies both time reversal and factor reversal tests? MCQ with Answer and Explanation

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