Economic Factor: Consumer prices measures?
A)The value of the dollar; changes in inflation
B)The demand for goods and services by individuals and households
C)The cost of money; the cost of credit when you borrow; the return on your money when you save or invest
D)The dollars available for spending in our economy
E)The number of people without employment who are willing and able to work

Question

Quizplus · Accepted Answer

Consumer prices measures refer to the change in the price level of goods and services that consumers purchase. This is affected by changes in inflation, which can be influenced by the value of the dollar. A stronger dollar can lead to lower inflation and consumer prices, while a weaker dollar can lead to higher inflation and consumer prices.

Economic Factor: Consumer Prices Measures