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UP TGT Mathematics Statistics Test Series - Part 6

Purchasing Power of Money (PPM) is inversely proportional to:

Type: MCQ • Marks: 1
Purchasing Power of Money (PPM) is inversely proportional to:
Options
A. Quantity Index
B. Consumer Price Index (CPI)
C. Gross Domestic Product
D. National Income
Explanation
Purchasing Power of Money = 1 / Price Index = 1 / CPI (or 100 / CPI).
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