The primary use of WPI is to understand ........

Indian Economy (Easy) Budgeting and Fiscal policy

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The primary use of WPI is to understand-

Income and expenditure streams

Level of inflation

Injection and leakages

All of the above

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Explanation:

The primary use of WPI is to understand an inflationary trend in the economy as a whole. A wholesale price index (WPI) measures and tracks the changes in the price of goods before they reach consumers: goods that are sold in bulk and traded between entities or businesses (rather than consumers).