what are the parameters included in the process ?
2007-01-30 00:45:20 · 3 answers · asked by rockstar_superstar 3 in Social Science ➔ Economics
cost of living, food items like pulses, wheat etc. transport cost, what else, please tell about all the criteria and there percentage that counts in measuring inflation
2007-01-30 01:37:28 · update #1
Whole sale price index includes not only agriculture products, but also industrial products commonly used by peoples.Now it is being planned to include service sector also
2007-01-30 17:14:05 · answer #1 · answered by balkrishna c 4 · 0⤊ 0⤋
Inflation is when money in circulation is very high while expenditure is very high that is goods and services are scarse. In this case more money is pursuing fewer goods.
In India inflation meets this criteria because:
1. The country is over populated.
2. The country is poor
3. there are little or no proper infrastructures, and technical knowhow for production.
2007-01-30 00:53:32 · answer #2 · answered by Nnamsco 3 · 0⤊ 0⤋
in india very very inflation is mesaured so that we r going to the right way to our proceding year in later the year i have many problem in the our economics so that we required very basic perameter to get our fresh generation.
2007-01-30 00:58:13 · answer #3 · answered by pritesh 1 · 0⤊ 0⤋