Economy, asked by chaitray2003, 2 months ago

What is wholesale price index? Write its drawbacks

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Answered by jawedkha606

10

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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