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Which economic indicator measures the change in prices of specific goods and services over time? Price Change Rate Consumer Price Schedule Consumer Price Index NextReset
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WELCOME TO OS!!!
btw you are in the math forum
Yeah I know. This was a question on my math homework
The Consumer Price Index (CPI) basically measures inflation. The CPI takes a basket of goods and sees how much each of those goods costs. A change in the price of this basket of goods produces a change in the CPI. The CPI is representative of the prices of all goods in the economy for the United States and measures the changes in these prices over time.
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