Which index is a measure of the level of inflation in an economy?

A) Inflated Price Index
B) Interest rate Index
C) All-Ordinaries Index
D) none of the above

Question

Which index is a measure of the level of inflation in an economy?

A) Inflated Price Index
B) Interest rate Index
C) All-Ordinaries Index
D) none of the above

Quizplus · Accepted Answer

The Consumer Price Index (CPI)is designed to capture price movements in the general economy.It is based on the prices of a basket of goods and services available to householders in Australia.

Which Index Is a Measure of the Level of Inflation