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________was developed to measure changes in the cost of living in order to determinethe wage increases necessary to maintain a constant standard of living.

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Question:

________was developed to measure changes in the cost of living in order to determinethe wage increases necessary to maintain a constant standard of living.

A.

price index

B.

sensex

C.

correlation

D.

regression

Answer» a. price index

Note: The above multiple-choice question is for all general and Competitive Exams in India.