SEARCH
You are in browse mode. You must login to use MEMORY

   Log in to start


From course:

inflation and interest rates L10 M2 economics

» Start this Course
(Practice similar questions for free)
Question:

Consumer price index

Author: Dakota howells



Answer:

Indicator for assessing inflation and cost of adjustment. Calculated the current prices of the items in the basket to the prices of the same items in a base year or period. Percentage change in this comparison reflects the inflation or deflation rate.


0 / 5  (0 ratings)

1 answer(s) in total