To What Does the Term Jati Refer

question 21

Multiple Choice

To what does the term jati refer?

• A) a social rank based on marital, economic, and ritual relations
• B) the traditional village or homeland of an Indian peasant
• C) a category within a system of "scheduled tribes"
• D) the practice of burning a wife at the funeral of a prominent man

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Definitions:

Producer Price Index

An economic indicator that measures the average change over time in the selling prices received by domestic producers for their output.

Inflation

The rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Nominal GDP

GDP that has not been adjusted to account for inflation.

GDP Deflator

An economic measure that adjusts the Gross Domestic Product (GDP) by accounting for changes in price levels or inflation.