Price indexes allow comparisons of dollar figures over time and provide us a sense of how the economy is changing.

Name: Price indexes allow comparisons of dollar figures over time and provide us a sense of how the economy is changing.
Brand: Quizplus
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Quizplus · Accepted Answer

Price indexes measure the average change over time in the prices paid by consumers for goods and services, allowing for the comparison of dollar values from different times and adjusting for inflation, thus reflecting changes in the economic environment.

Price Indexes Allow Comparisons of Dollar Figures Over Time and Provide