A measure of absolute price changes that excludes changes in energy and food prices is called:
A)fringe rate of inflation.
B)core rate of inflation.
C)overall inflation.
D)none of the above.

Question

Quizplus · Accepted Answer

The measure described is known as the core rate of inflation, as it excludes the volatile energy and food prices which can fluctuate greatly and skew the overall inflation rate.

A Measure of Absolute Price Changes That Excludes Changes in Energy