The CPI is all of the following EXCEPT the:
A)rate of inflation between the current period and the base year.
B)cost of living relative to the base year.
C)average level of prices relative to prices in the base year.
D)consumer price index.

Question

Quizplus · Accepted Answer

The consumer price index compares the cost of a standard basket of goods and services in any period relative to the cost of the same basket of goods and services in the base year.

The CPI Is All of the Following EXCEPT The