Question
For two items, tea (1 kg) and sugar (1 kg), the prices
in the year 2019 were ₹100 and ₹50, respectively, whereas the prices in the year 2020 were ₹125 and ₹60, respectively. The value of Laspeyres price index is:Solution
The correct answer is B
More Welfare Economics Questions
Fill in the blanks with the appropriate antonym of the word in Italic from the options given:
The serene atmosphere was disturbed by a ______...
The mountain's majesty left the hikers in awe.
Autocracy
- Identify the most appropriate ANTONYM of the given word.
Expand - Select the most appropriate synonym of the bracketed word in the following sentence to fill in the blank.
The archaeologist’s __________(meticulo... - In each of the following questions, a pair of words is given. This pair is followed by four other pairs, one of which has a relationship most similar to th...
The people living next door bought a new car.
...Which of the following is an antonym of "calm"?
He is my __________.
Suppress
