Which measure of inflation would include consumer goods and capital goods?
A) The GDP Price Index
B) The Consumer Price Index
C) The Retail Trade Survey
D) The Employment Cost Index

Question

Quizplus · Accepted Answer

The GDP Price Index measures the average prices of goods and services produced in an economy, including both consumer goods and capital goods. It provides a broader measure of inflation than the Consumer Price Index, which only includes consumer goods. The Retail Trade Survey and Employment Cost Index are not measures of inflation.

Which Measure of Inflation Would Include Consumer Goods and Capital