The consumer price index (CPI),the personal consumption expenditures price index (PCE),and the core PCE have over the last 10 years
A)moved roughly together with the CPI being the most stable.
B)moved roughly together with the PCE being the most stable.
C)moved roughly together with the core PCE being the most stable.
D)not moved together,with the CPI being the most stable.

Question

Quizplus · Accepted Answer

The CPI, the PCE, and the core PCE have moved roughly together over the last 10 years. However, the core PCE has been the most stable measure of inflation, as it excludes volatile food and energy prices, which can cause large fluctuations in the CPI and PCE. Therefore, choice C is the best answer.

The Consumer Price Index (CPI),the Personal Consumption Expenditures Price Index