The CPI in a year is computed based on the prices of all the final goods and services produced during that period.

Name: The CPI in a year is computed based on the prices of all the final goods and services produced during that period.
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The Consumer Price Index (CPI) measures the average change in prices over time that consumers pay for a basket of goods and services, not all final goods and services produced.

The CPI in a Year Is Computed Based on the Prices