The ____ is considered to be a reflection of generally how much consumers have to pay for things.
A)SES
B)GDP
C)GNP
D)CPI

Question

Quizplus · Accepted Answer

The Consumer Price Index (CPI) measures the average change in prices that consumers pay for goods and services, and is therefore a reflection of how much consumers have to pay for things. SES (Socioeconomic Status) measures an individual's position in society based on factors such as income and education level. GDP (Gross Domestic Product) measures the total value of goods and services produced within a country's borders. GNP (Gross National Product) measures the total value of goods and services produced by a country's residents, regardless of their location.

The ____ Is Considered to Be a Reflection of Generally