Question

6. If consumer price index number changes from 100 to 150 and salary of an employee was ` 20,000.

In order to maintain same standard of living, what should be his expected salary?​

Answer 1

Answer:

Urbanisation is an increase in the number of people living in towns and cities. Urbanisation occurs mainly because people move from rural areas to urban areas and it results in growth in the size of the urban population and the extent of urban areas.