📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    Which of the following is a measure of

    inflation?
    A GDP Correct Answer Incorrect Answer
    B GNP Correct Answer Incorrect Answer
    C CPI Correct Answer Incorrect Answer
    D NDP Correct Answer Incorrect Answer

    Solution

    CPI, or Consumer Price Index, measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.

    Practice Next
    ask-question