The CPI includes the prices of
A) goods and services purchased by American consumers
B) goods and services purchased by all consumers (both foreign and domestic)
C) goods and services purchased by the government
D) investment goods purchased by businesses
E) exports purchased by foreign buyers

Question

Quizplus · Accepted Answer

The CPI (Consumer Price Index) measures the changes in the prices of goods and services purchased by American consumers, such as food, housing, transportation, healthcare, and entertainment. It is often used as an indicator of inflation and changes in the cost of living.

The CPI Includes the Prices of