The wholesale price index.

• measures changes in the level of industrial production

   

• indicates changes in the general price level

   

• is considered the appropriate indicator of general inflation

   

• measures the economic growth of a country.

As index number which accounts for the relative importance of the items is knwon as:

In most of the weighted index numbers the weight pertains to:

The impact of change in the price of a commodity with little weight in the index will be:

A consumer price index measures changes in:

The item having the highest weight in consumer price index for industrial workers is:

In general, inflation is calculated by using:

 The item having the highest weight in consumer’s price index for industrial workers is:

consumer price index measures changes in:

The wholesale price index.

D.A. paid to the workers is based on: