Cost of living index numbers are also used to find real wages by the process of :

CA Foundation · Quantitative Aptitude · MTP · June 2024
Cost of living index numbers are also used to find real wages by the process of :
(A) A. Base shifting
(B) B. Splicing of index numbers
(C) C. Deflating index
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Deflating index

Topics: Part-C: Statistics

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