NextQ9

If the cost of living index number for the people of a class is 200 for the year 2016 with respect to the year 2015, which of the following statements is true?

Definition and MeaningStudy Simplify Special1MCQ
Question 8

If the purchasing power of money is 0.75 in the year 2016 with respect to the base year 2015 then what will be the price index number for the year 2016?

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