Economics · Consumer Price Index
If the weights assigned to food items in CPI are significantly higher than other categories, then:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1CPI becomes identical to WPI
- 2CPI ignores inflation in other sectors
- 3CPI becomes more volatile due to food price fluctuations✓
- 4CPI becomes insensitive to food price changes
Correct answer
CPI becomes more volatile due to food price fluctuations
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