Question
What is the property of the slope of a downward sloping convex curve?
Solution
The slope goes on decreasing as we move along the curve downwards.
What is the property of the slope of a downward sloping convex curve?
The slope goes on decreasing as we move along the curve downwards.
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:
Why do we need an index number?
Why is it essential to have different CPIs for different categories of consumers?
Mock Test Series
