1.

List of five problems with measuring CPI.(OR)Write any five issues that are considered while measuring CPI.

Answer»
  • There are thousands of goods and services in the economy. 
  • Only selected consumer goods and changes in these goods are taken by the government to calculate CPI.
  • Both quality and quantity of goods consumed keeps varying from time to time. 
  • Difficult to calculate CPI as the price levels vary from state to state. 
  • Even food habits keep varying among people.


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