To adjust for general inflation in the United States,what index does the text suggest?
A) Dow-Jones Industrial Average
B) New York Stock Exchange Index
C) Wilshire 5000 Equity Index
D) Consumer Price Index
E) NASDAQ Series

Question

Quizplus · Accepted Answer

The Consumer Price Index (CPI) is the most widely used measure of inflation in the US, and it tracks changes in the prices of a basket of goods and services that are commonly purchased by households. Therefore, it is the best choice to adjust for general inflation in the US economy. The other indices listed in the options track market performance, and are not specifically designed to measure inflation.

To Adjust for General Inflation in the United States,what Index