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From the following which one is not included in consumer price index.Option-(a) wages decision (b) taxation policy (c) production policy (d) price policy?
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From the following which one is not included in consumer price index.O...
Mujhy to ismy se ek bhi bahi lagta consumer se puchhtyvya bataty nahi bus tika dety hai
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From the following which one is not included in consumer price index.O...
Explanation:

Consumer Price Index (CPI) and its components:
- The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care.
- CPI includes various components that reflect changes in prices over time, influencing the overall inflation rate.

Components included in CPI:
1. Wages decision: Changes in wages can impact consumer spending power, which in turn affects demand for goods and services. This can lead to changes in prices and ultimately be reflected in the CPI.
2. Price policy: Price policies set by businesses or the government can directly impact the prices of goods and services included in the CPI basket.
3. Production policy: Production policies can affect the supply of goods in the market, influencing prices and subsequently the CPI.
4. Taxation policy: Changes in taxation policies can impact the cost of goods and services, thus affecting the CPI.

Exclusion of wages decision from CPI:
- While wages decision can indirectly influence the CPI through its impact on consumer spending and demand, it is not a direct component included in the calculation of the index. The CPI focuses on measuring changes in the prices of goods and services consumed by households, rather than on factors such as wages.

Conclusion:
- In summary, while wages decision can have an indirect impact on the CPI, it is not a component included in the calculation of the index itself. The components directly included in the CPI are price policy, production policy, and taxation policy, as they directly affect the prices of goods and services in the consumer basket.
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From the following which one is not included in consumer price index.Option-(a) wages decision (b) taxation policy (c) production policy (d) price policy?
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