The price index that measures changes in the prices of goods and services that households typically purchase is the:
A) Shopping Index.
B) Retail Price Index.
C) Producer Price Index.
D) Consumer Price Index.

Question

Quizplus · Accepted Answer

The Consumer Price Index (CPI) measures changes in the prices of goods and services that households typically purchase, making it a key indicator of consumer inflation.

The Price Index That Measures Changes in the Prices of Goods