The CPI (Consumer Price Index) measures:
b. Prices consumers pay.
It specifically tracks the average change over time in the prices paid by consumers for a basket of goods and services.
a. Prices suppliers must pay.
b. Prices consumers pay.
c. Domestic prices measured in another country's currency.
d. Market prices of stocks and bonds.
1 answer
The CPI (Consumer Price Index) measures:
b. Prices consumers pay.
It specifically tracks the average change over time in the prices paid by consumers for a basket of goods and services.