Question

[ ] [] 2. Write True or false against the statements given below: (a) Inflation increases the standard of living of the people. (b) Value of money is shown by changes in its Purchasing Power. (c) Change in cost of living does not affect the standard of living of pensioners (d) Central Government workers are compensated for inflation by rise in DA (e) WPI measures changes in the price level of only consumer goods. ​

Answer 1

Answer:

a) true

b) true

c) false

d) false

e) true

Explanation:

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