No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Change in inflation
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Change in prices of the items
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
Change in government
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is C Change in prices of the items The price index indicates the changes in the prices of the total set of items over time. This means that the price index only compares the prices of a set of items for different years.