Which term can be defined as "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services"?

Question

Which term can be defined as "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services"​?

Quizplus · Accepted Answer

The term that can be defined as "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services" is the consumer price index (CPI). National debt refers to the total amount of money a country owes, GDP per capita is a measure of the average economic output per person in a country, and market economy refers to an economic system in which prices and production are determined by supply and demand.

Which Term Can Be Defined as "A Measure of the Average