What is economic problem? Why does it arise? - Vidyadip

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What is economic problem? Why does it arise?

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Find out the price index of the year 2015 assuming 2014 as the base year of the following data by using simple average of price relative method.

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Wheat	800	900
Sugar	1100	1200
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Potato	500	700
Salt	300	500

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Weekly Wages (ₛ):	200-400	400-600	600-800	800-1000
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