1. Differentiate between Consumer Price Index (CPI) and Wholesale Price Index (WPI). Do you think that CPI is a better measure of inflation as compared to WPI? Substantiate.
10 Marks • (Answer In 150 Words)
1. Differentiate between Consumer Price Index (CPI) and Wholesale Price Index (WPI). Do you think that CPI is a better measure of inflation as compared to WPI? Substantiate.