You are given following functional equation. Which is the independent variable and which is dependent variable?
X = f(Y)
Here, X is a dependent variable and Y is an independent variable.
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:
Mock Test Series
