The U.S.government measures inflation using
A) the gross domestic product.
B) the index of leading economic indicators.
C) the consumer price index.
D) consumer confidence index.

Question

The U.S.government measures inflation using​
A) ​the gross domestic product.
B) ​the index of leading economic indicators.
C) ​the consumer price index.
D) ​consumer confidence index.

Quizplus · Accepted Answer

The U.S. government measures inflation using the Consumer Price Index (CPI), which tracks the prices of a basket of goods and services commonly purchased by households. This index provides a measure of the average change in prices paid by consumers and is used to adjust government benefits, tax brackets, and other economic indicators for inflation.

The U.S.government Measures Inflation Using​

The U.S.government Measures Inflation Using