Question
Which of the following Statements is/are Correct?
I- The CPI captures changes in price level at the consumer level. II- Changes in prices at the producer level are tracked by the Wholesale Price Index (WPI). III- CPI can capture the change in the prices of services which the WPI cannot.Solution
Consumer Price Index or CPI is the measure of changes in the price level of a basket of consumer goods and services bought by households. CPI is a numerical estimation calculated using the rates of a sample of representative objects the prices of which are gathered periodically. The CPI captures changes in price level at the consumer level. Changes in prices at the producer level are tracked by the Wholesale Price Index (WPI). CPI can capture the change in the prices of services which the WPI cannot.
How many boxes are kept above the box with Orchid?
Who likes Daisy?
How many persons likes after the one who likes Papaya?
Statements:
A < B ≥ C > U = W; R < Q > L ≤ W = Y; Q > P
Conclusions:
I. B < P
II. C > R
On which of the following days the English exam was held?
Six friends B, C, D, E, F and G, have exam on six different days, starting from Monday and ending on Saturday, of the same week in the month. G has exa...
Four of the five among the following are similar in such a way to form a group, which one of following doesn’t belong to the group?Â
...Whose anniversary is on 27th of July?
What is the position of E with respect to D?
If C is related to A, D is related to E, in the same way to how G is related to?
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