The consumer price index measures the prices of:
A) all final goods bought by American consumers.
B) a basket of goods bought by a typical American consumer.
C) intermediate as well as final goods.
D) introductory,intermediate,and final goods.

Question

Quizplus · Accepted Answer

The consumer price index measures the prices of a basket of goods and services that are typically purchased by American consumers, such as food, housing, transportation, and healthcare. It does not include intermediate goods or goods that are not typically purchased by households.

The Consumer Price Index Measures the Prices Of