Inflation is calculated as the rate of change in th?

Name: Inflation is calculated as the rate of change in th?
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Question

Quizplus · Accepted Answer

Inflation is calculated as the rate of change in the Consumer Price Index (CPI), which measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Therefore, option A is the correct answer. GDP, risk-free rate, and unemployment rate are important economic indicators but they do not directly measure inflation.

Inflation Is Calculated as the Rate of Change in Th