Besides measuring change in the prices of goods and services, the consumer price index has a number of other applications such as:
A) to determine real disposable personal income.
B) to deflate sales or other data series.
C) to find the purchasing power of the dollar.
D) all of these

Question

Quizplus · Accepted Answer

The consumer price index is used for all of these purposes. It is used to measure inflation and changes in the cost of living, which can be used to adjust income to "real" values. It can also be used to adjust other economic data, such as sales or income, to account for changes in purchasing power.

Besides Measuring Change in the Prices of Goods and Services