Question
An increase in the CPI usually signals which of the following?(1 point)
Responses
that the economy is shrinking
that the economy is shrinking
that the economy is in recession
that the economy is in recession
that the economy is stagnant
that the economy is stagnant
that the economy is growing
Responses
that the economy is shrinking
that the economy is shrinking
that the economy is in recession
that the economy is in recession
that the economy is stagnant
that the economy is stagnant
that the economy is growing
Answers
GPT-4o mini
An increase in the Consumer Price Index (CPI) usually signals **that the economy is growing**. While an increase in CPI can indicate inflation, which means prices are rising, it is often associated with an expanding economy where demand outpaces supply, leading to higher prices. Therefore, the correct response is:
**that the economy is growing.**
**that the economy is growing.**