In consumer price index number weights are determing on the basis of ……….. | Faculties

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📊 Quantitative Methods for Economic Analysis 2

Q. In consumer price index number weights are determing on the basis of ………..

(A) actual price of the index
(B) the consumption pattern of the class of population
(C) actual consumption expenditure
(D) both price & consumption expenditure

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✅ Correct Answer: (B) the consumption pattern of the class of population

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