The consumer price index (CPI)can be used to measure inflation and deflation.

Name: The consumer price index (CPI)can be used to measure inflation and deflation.
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The CPI is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. By tracking changes in the CPI, it is possible to determine whether prices are rising (inflation) or falling (deflation) over time. Therefore, the CPI can be used to measure inflation and deflation.

The Consumer Price Index (CPI)can Be Used to Measure Inflation