MENU
Question -

A consumer price index measures changes in
(i) retail prices
(ii) wholesale prices
(iii) producers’prices



Answer -

(i) Consumer Price Index (CPI), also known as the cost of living index, measures the average change in retail prices which show the most accurate impact of price rise on the cost of living of common people.

Comment(S)

Show all Coment

Leave a Comment

Free - Previous Years Question Papers
Any questions? Ask us!
×