The consumer price index (CPI)
A) is a quarterly index that producers receive for their finished goods.
B) measures increases or decreases in the level of worker performance.
C) is the price of metals,lumber,and raw materials.
D) measures prices paid during periods of deflation.
E) is a monthly index that tracks the prices paid by consumers.

Question

Quizplus · Accepted Answer

The CPI is a monthly index that tracks the prices paid by consumers. It measures changes in the prices of goods and services commonly purchased by households and is used as a measure of inflation.

The Consumer Price Index (CPI)