The Revised Price Indexes


Book Description

Excerpt from The Revised Price Indexes: The 1950 Revision of the Bae Indexes of Prices Received by Farmers, and of Prices Paid by Farmers, Including Interest, Taxes, and Farm Wage Rates Commodities purchased. 24 pp. Washington, D. C. 1928. [processed]value of farm products has not been entirely satisfactory because farmers do not buy at whole sale, nor are index numbers of nonagricultural wholesale prices weighted according to the amount of farmers' purchases. The foreword explained that this index number of prices paid by farmers had been constructed to meet the need of a better measure of price changes in commodities bought by farmers for use in the family living and for production. The weights used for the index number had been determined largely from data collected by the Department of Agriculture and from Census reports. The prices paid by farmers had been collected by Crop Estimates. It stated that C. F. Sarle and mem bers of the Divisions of Farm Management and Costs, and Farm Population and Rural Life had contributed toward the development of this index number of prices paid by farmers. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.