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Find the Consumer Price Index from the following data. Using(i) Aggregative Expenditure Method, and(ii) Family Budget Method.Is there any difference between the two results? Commodity Quantity Consumed in the year 2004 Unit Price in 2004 (₹) Price in 2018 (₹) Rice Wheat Bajra Arhar Desi Ghee Sugar 6 8 1 2 20 1 Quintal Quintal Quintal Quintal kg Quintal 100 80 70 120 12 160 120 90 70 115 15 170 |
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Answer» Find the Consumer Price Index from the following data. Using (i) Aggregative Expenditure Method, and (ii) Family Budget Method. Is there any difference between the two results?
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