To measure core inflation, the BLS removes goods that:
A) have historically volatile prices.
B) have low elasticity.
C) have historically stable prices.
D) have high elasticity.

Question

Quizplus · Accepted Answer

Core inflation is measured by excluding items that have historically volatile prices, such as food and energy, to provide a clearer view of the underlying inflation trend.

To Measure Core Inflation, the BLS Removes Goods That