Question

Which economic indicator measures the change in prices of specific goods and services over time?
Price Change Rate
Consumer Price Schedule
Consumer Price Index
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Answer 1

WELCOME TO OS!!!

Answer 2

btw you are in the math forum

Answer 3

Yeah I know. This was a question on my math homework

Answer 4

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.

Answer 5

Thank you.

Answer 6

no problem

Answer 7

can i get a medal