The Consumer Price Index is used specifically to measure the:
A) Unemployment rate.
B) Inflation rate.
C) Growth rate of the economy.
D) Business cycle.

Name: The Consumer Price Index is used specifically to measure the: A) Unemployment rate. B) Inflation rate. C) Growth rate of the economy. D) Business cycle.
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Question

Quizplus · Accepted Answer

The Consumer Price Index (CPI) measures changes in the prices of a basket of goods and services purchased by households, and is therefore used to measure inflation.

The Consumer Price Index Is Used Specifically to Measure The