Since World War II,the consumer price index has increased by an average of _____.
A)1.4 percent per year
B)2.1 percent per year
C)6.4 percent per year
D)5.6 percent per year
E)3.5 percent per year

Question

Quizplus · Accepted Answer

Since World War II, the average annual increase in the consumer price index (CPI) in the United States has been approximately 3.5 percent. This measure reflects the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.

Since World War II,the Consumer Price Index Has Increased by an Average