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A monthly price index that uses the price changes in consumer goods and services formeasuring the changes in consumer prices over time is known as the

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Question:

A monthly price index that uses the price changes in consumer goods and services formeasuring the changes in consumer prices over time is known as the

A.

paasche index

B.

consumer price index

C.

producer price index

D.

laspeyres index

Answer» b. consumer price index

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