Which of these would be included in the consumer price index?
A) a payment made to a doctor by Medicare
B) a payment made by a patient to his doctor
C) a payment made to a doctor by an employer-provided insurance company
D) a payment made to a doctor by Medicaid

Question

Quizplus · Accepted Answer

The consumer price index includes prices paid by consumers for goods and services, so option B (a payment made by a patient to his doctor) would be included. The other options involve payments made through government programs or insurance companies, which would not be directly reflected in consumer prices.

Which of These Would Be Included in the Consumer Price