The consumer price index:
A)uses a fixed market basket set in the base year for all subsequent years.
B)is also called the GDP price index.
C)measures changes in the prices of a market basket of some 50,000 goods and services.
D)is adjusted annually for changes in consumer spending patterns.

Question

Quizplus · Accepted Answer

The consumer price index uses a fixed market basket set in the base year for all subsequent years.

The Consumer Price Index