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प्रश्न
The impact of change in the price of a commodity with little weight in the index will be ______
विकल्प
small
large
uncertain
MCQ
रिक्त स्थान भरें
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उत्तर
The impact of change in the price of a commodity with little weight in the index will be small.
Explanation:
A lesser important commodity is assigned lower weight as it would not have a significant effect of price change.
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Inflation and Index Numbers
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
संबंधित प्रश्न
In most of the weighted index numbers, the weight pertains to ______.
What is the difference between a price index and a quantity index?
The monthly expenditure (Rs.) of a family on some important items and the Goods and Services Tax (GST) rates applicable to these items is as follows:
| Item | Monthly Expense (Rs) | GST Rate % |
| Cereals | 1500 | 0 |
| Eggs | 250 | 0 |
| Fish, Meat | 250 | 0 |
| Medicines | 50 | 5 |
| Biogas | 50 | 5 |
| Transport | 100 | 5 |
| Butter | 50 | 12 |
| Babool | 10 | 12 |
| Tomato Ketchup | 40 | 12 |
| Biscuits | 75 | 18 |
| Cakes, Pastries | 25 | 18 |
| Branded Garments | 100 | 18 |
| Vacuum Cleaner, Car | 1000 | 28 |
Calculate the average tax rate as far as this family is concerned.
