Question

price index numbers for current year rs 200 give year conclusion?​
don't spam. only answers. ​

Answer 1

Answer:

commodities have changed. Some

items have become costlier, while others

have become cheaper. On his return

from the market, he tells his father

about the change in price of the each

and every item, he bought. It is

bewildering to both.

The industrial sector consists of

many subsectors. Each of them is

changing. The output of some

subsectors are rising, while it is falling

in some subsectors. The changes are

not uniform. Description of the

individual rates of change will be

difficult to understand. Can a single

figure summarise these changes?

Look at the following case