The _______index measures changes in the prices of goods and services such as food,housing,and apparel.
A)producer price
B)market price
C)wholesale price
D)consumer price

Question

Quizplus · Accepted Answer

The consumer price index (CPI) measures changes in the prices of goods and services purchased by consumers, including food, housing, apparel, transportation, and more. It is often used as an indicator of inflation and cost of living. The producer price index (PPI) measures changes in the prices of goods and services at the wholesale level, while the market price refers to the price at which goods and services are actually sold in the market.

The _______Index Measures Changes in the Prices of Goods and Services