What is a concave curve?
A concave curve is that upward sloping curve which is bent away from the X-axis (i.e., towards Y-axis) or that downward sloping curve which is bent towards away from the origin.
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:
Why do we need an index number?
Why is it essential to have different CPIs for different categories of consumers?
What does a consumer price index for industrial workers measure?
What is the difference between a price index and a quantity index?
Is the change in any price reflected in price index number?
Mock Test Series
