The consumer price index (CPI)
A) is a quarterly index that tracks prices at the wholesale level.
B) measures increases or decreases in the level of worker performance.
C) is the price of metals, lumber, and raw materials.
D) measures prices paid during periods of deflations.
E) is a monthly index that tracks the prices paid by consumers.

Question

Quizplus · Accepted Answer

The consumer price index (CPI) is a monthly index that tracks the prices paid by consumers. It measures the changes in the price of a basket of goods and services that the average household will purchase.

The Consumer Price Index (CPI)