Answer: True
Explanation:
Inflation rate actual measures an increase in the consumer price index (CPI) which is based on average prices of various goods.
The goods which are considered under inflation are based on whether they fall under the prevalent consumption basket in that country.
The index therefore has various goods based on what goods that country consumes the most some goods are responsible for price increase whilst some for price decrease depending on how heavy does each good weigh on the overall consumption basket of that country.
A price index refers to an average price of particular good or services in a particular region at a certain period.
Answer:
I have the same answer on my quiz small world
Explanation:
i dont know
Critical thinking. ...
Time management. ...
Reasoning. ...
Communication. ...
Research. ...
Analysis. ...
Problem solving.
It was used to recognise the value of people (High and Low) and gave opportunities and respect to the high class people and not to the low class. Anyways, this was not a good idea as it discriminated people. In present India, caste system is not used as it causes Inequality.
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