Question
What index measures the general change in prices over time?
Choose the best answer from the options below:
A The Dow
B The Consumer Price Index, or, CPI
C The FED
D NAFTA
Choose the best answer from the options below:
A The Dow
B The Consumer Price Index, or, CPI
C The FED
D NAFTA
Answers
GPT-4o mini
The best answer is B. The Consumer Price Index, or CPI. The CPI measures the general change in prices over time, specifically tracking the average change in prices paid by consumers for goods and services.