Question : ______________- shows the change in price levels between two different time periods.

Option 1: Price index

Option 2: National income at constant prices

Option 3: National income at current prices

Option 4: None of the above.

Question

Question : ______________- shows the change in price levels between two different time periods.

Option 1: Price index

Option 2: National income at constant prices

Option 3: National income at current prices

Option 4: None of the above.

Team Careers360 · Accepted Answer

Correct Answer: Price index

Solution : Price index is an index numbers which shows the change in price level between two different time periods.
Hence, Option A is correct.

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Question : ______________- shows the change in price levels between two different time periods. Option 1: Price index Option 2: National income at constant prices Option 3: National income at current prices Option 4: None of the above.

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Question : _____________ is used for comparing the national income of different years.

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Question : ______________- shows the change in price levels between two different time periods.

Option 1: Price index

Option 2: National income at constant prices

Option 3: National income at current prices

Option 4: None of the above.

Question : Which of the following statement are true?

National income at current price is not suitable for comparing the national income of different years.

National income at constant price is not used for comparing the national income of different

Question : Which of the following statements are true?

National income at constant prices also known as real national income.

National income rise is also known as nominal national income.

National income at current price is affected by