Vidyalelo
Commerce · Q331

Business Environment and International Business

Graduate and Post Graduate · Commerce · question 331

Q331

If the consumer price index rises, it shows that:

A.
the value of the currency has increased
B.
the real consumer income has fallen
C.
the prices of all products have risen in the economy
Answer
D.
the purchasing power of money has decreased

Answer: Option C

Solution

Answer: Option C
No explanation is given for this question Let's Discuss on Board