Purchasing power of money is _______

CA Foundation · Quantitative Aptitude · MTP · January 2025
Purchasing power of money is _______
(A) A. Reciprocal of price index number
(B) B. Equal to price index number
(C) C. Unequal to price index number
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Reciprocal of price index number

Topics: Part-C: Statistics

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