Core inflation is all of the following but:
A) a measure of inflation that excludes goods with historically volatile price changes.
B) the BLS's official measure of changes in prices.
C) Both an overall rise in prices in the economy.
D) a measure of inflation that excludes gasoline and food price changes.

Question

Quizplus · Accepted Answer

Core inflation is a measure of inflation that excludes goods with historically volatile price changes, such as gasoline and food. It is not the BLS's official measure of changes in prices, but rather a supplementary measure used by economists to analyze underlying trends in inflation. It is not an overall rise in prices in the economy, as it specifically excludes certain goods.

Core Inflation Is All of the Following But