The whole sale price index number indicates the _______ in the general price level.
Constant
Stable
Change
None of these
The formula for a simple aggregative price index is
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.
An __________ is a a statistical device for measuring changes in the magnitude of a group of related variables.
The Aggregative method
CPI
WPI
Index number
Consumer index numbers are helpful in
Wage negotiation
Formulation of income policy
Price policy
All the above
In a ______________ index weights may be determined by the proportion or percentage of expenditure on them in total expenditure during the base period.
Industrial production index
Weighted price relative index
Wholesale price index
Consumer price index
In general, inflation is calculated by using:
Consumer prices index
Producer's price index
Price index
_____ is a general and continuing increase in prices.
Inflation
Deflation
Income
What is the full form of CPI?
Consumption permanent income
Consumer permanent income
Consumer price income