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What is the primary purpose of the Wholesale Price Index (WPI)?a)To measure changes in the purchasing power of money.b)To track price trends in consumer goods and services.c)To evaluate macroeconomic and microeconomic conditions.d)To reflect price changes of wholesale goods in manufacturing and industry.Correct answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What is the primary purpose of the Wholesale Price Index (WPI)?a)To measure changes in the purchasing power of money.b)To track price trends in consumer goods and services.c)To evaluate macroeconomic and microeconomic conditions.d)To reflect price changes of wholesale goods in manufacturing and industry.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary purpose of the Wholesale Price Index (WPI)?a)To measure changes in the purchasing power of money.b)To track price trends in consumer goods and services.c)To evaluate macroeconomic and microeconomic conditions.d)To reflect price changes of wholesale goods in manufacturing and industry.Correct answer is option 'D'. Can you explain this answer?.

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