The major purpose of a price index is to measure changes in the

Options :
  1. standard of living
  2. gold content of money
  3. buying power of money
  4. capacity to produce

Answer and Explanation :-

Answer: Option 1


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People live their lives bound by what they accept as correct and true. That's how they define Reality. But what does it mean to be "correct" or "true"? Merely vague concepts. Their Reality may all be a mirage. Can we consider them to simply be living in their own world, shaped by their beliefs?
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