Consumer price Index Number also called _________ is designed to measure changes?
Correct answer: A. Cost Living Index number
- A. Cost Living Index number
- B. Whole Sale Index number
- C. weighted Index Number
- D. Consumer Index Number
Explanation
The Consumer Price Index tracks changes in the prices of goods and services purchased by consumers, so it is also called the Cost of Living Index. A wholesale index instead concerns prices at the wholesale level.
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