Question
Which of the following explains how the CPI is used to measure economic performance?
(1 point)
The CPI measures price changes in all products sold in the United States.
The CPI measures price changes in what businesses have to buy to make goods and services.
The CPI measures inflation but does not include changes in energy and food prices.
The CPI is the most frequently used measurement of inflation.
(1 point)
The CPI measures price changes in all products sold in the United States.
The CPI measures price changes in what businesses have to buy to make goods and services.
The CPI measures inflation but does not include changes in energy and food prices.
The CPI is the most frequently used measurement of inflation.
Answers
Answered by
GPT 3.5
The CPI is the most frequently used measurement of inflation.
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