A consumer price index measures changes in
(i) retail prices
(ii) wholesale prices
(iii) producers prices

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Solution

A consumer price index measures changes in retail prices.
Consumer Price Index (CPI) is used to measure changes in the cost of living in which the retail prices of consumer goods and services are obtained. It measures the average changes in the retail prices.

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Similar questions

A consumer price index measures changes in

(i) retail prices

(ii) wholesale prices

(iii) producers prices

Which of the following statement(s) is/are correctly stated?

Codes :

1, 2 and 3 only
3 and 4 only
4 only
2, 3 and 4 only

Consider the following statements:

1. WPI measure price rise at the wholesale level where wholesale means sale in large quantities and meant for resale.

2.Producer Price Index means the prices of goods as they are sold to the whole sales by the producers.

3. The price of electricity in the CPI is the Industrial tariff & not the consumer tariff.

Response:

A producer price index could measure changes in_____.

From an individual perspective, which index between Consumer Price Index(CPI) and Wholesale Price Index (WPI) would affect your standard of living more? Give reason.

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A consumer price index measures changes in(i) retail prices(ii) wholesale prices(iii) producers prices

A consumer price index measures changes in retail prices.Consumer Price Index (CPI) is used to measure changes in the cost of living in which the retail prices of consumer goods and services are obtained. It measures the average changes in the retail prices.

A consumer price index measures changes in
(i) retail prices
(ii) wholesale prices
(iii) producers prices

A consumer price index measures changes in retail prices.
Consumer Price Index (CPI) is used to measure changes in the cost of living in which the retail prices of consumer goods and services are obtained. It measures the average changes in the retail prices.