consumer price index is not used in
a. wages decision
b. price policy
c. production policy
d. taxation policy
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Another limitation is that the CPI cannot be used to measure differences in price levels or living costs between one area and another as it measures only time-to-time changes in each area. A higher index for one area does not necessarily mean that prices are higher there than in another area with a lower index.
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Answer:
C. PRODUCTION POLICY
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