The Consumer Cost Perception Index is an economic indicator that has historically been inaccurate and has varied greatly due to poor measurement techniques. This measure is:
A) unreliable
B) invalid
C) insensitive to omission
D) actuarial
E) convergent

Question

Quizplus · Accepted Answer

The prompt states that the Consumer Cost Perception Index has been historically inaccurate and has varied greatly due to poor measurement techniques, indicating that it is unreliable. The other options do not accurately describe the measure.

The Consumer Cost Perception Index Is an Economic Indicator That