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प्रश्न
Cost of living index number is used in calculating purchasing power of money.
पर्याय
True
False
MCQ
चूक किंवा बरोबर
उत्तर
This statement is True.
Explanation:
- The Cost of Living Index Number measures changes in the cost of goods and services that households typically purchase.
- It is used to determine the purchasing power of money, as it helps assess how many goods and services can be bought with a given amount of money over time.
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