The percentage change in consumer price index is a:
A)real- time measurement.
B)quantity index.
C)measure of improved social welfare.
D)price index.

Name: The percentage change in consumer price index is a: A)real- time measurement. B)quantity index. C)measure of improved social welfare. D)price index.
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Question

Quizplus · Accepted Answer

The consumer price index measures the average change in prices over time of goods and services consumed by households. Therefore, it is a price index.

The Percentage Change in Consumer Price Index Is A