Social Sciences, asked by 26ashwini1980, 7 hours ago

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22. What is Wholesale Price Index? Write its drawbacks.

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Answered by lakshitatihskal5528
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Answer:

A wholesale price index (WPI) is an index that measures and tracks the changes in the price of goods in the stages before the retail level. WPI considers the impact of only a sample of goods that are supposed to represent the entire population of goods. Always an inherent risk of business exists

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