Fisher 39 s ideal index number is ........

Economics- Phase (I & II) Determination of output and employment

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Fisher's ideal index number is

Arithmetic mean of Laspeyre's and Paasche's index

Harmonic mean of Laspeyre's and Paasche's index

Geometric mean of Laspeyre's and Paasche's index

None of the above

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Explanation:

Fisher's Ideal volume index is the geometric mean of the Laspeyres and Paasche volume indices. A measure of change in volume from period to period. It is calculated as the geometric mean of a chain Paasche volume index and a chain Laspeyres volume index.