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Question Practice

If a country’s CPI increases by 10% in one year, what might that indicate?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Economics
Statistics for Economics
Index Numbers
Question Bank

If a country’s CPI increases b...

Single Answer MCQ
Q-00104163

If a country’s CPI increases by 10% in one year, what might that indicate?

1

Deflation is occurring

2

Wages are decreasing

3

Inflation is occurring

4

No changes in economic conditions

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