Ask Question
BusinessBusiness
9 November, 01:31

How is the consumer price index used to calculate inflation?

+3
Answers (2)
  1. 9 November, 04:34
    0
    The percentage goes higher and faster within time
  2. 9 November, 04:48
    0
    It is computed as the percentage increase in the level of prices between two time periods. The consumer price index (CPI) is the most widely used measure of consumer price inflation. The CPI measures the average change over time in the prices paid by urban consumers for goods and services.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “How is the consumer price index used to calculate inflation? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Which statement regarding strategies is true? A. Strategies facilitate hierarchies. B. Strategies are simple. C. Strategies facilitate objectives. D. Strategies are complex.
Answers (1)
Cameron knows she has to order her store's Christmas holiday merchandise in April to ensure delivery before the holiday season. Cameron is concerned with the supply chain management goal of a. satisfying the serviceb.
Answers (1)
Both Bond A and Bond B have 9.6 percent coupons and are priced at par value. Bond A has 8 years to maturity, while Bond B has 20 years to maturity. a. If interest rates suddenly rise by 2.
Answers (1)
Jana reports the following income and loss Salary Income from activity A Loss from activity B Loss from activity C 120,000 60,000 (30,000) (70.000) Activities A, B, and C are all passive activities. Based on this information, Jana will recognize A.
Answers (2)
If a journal entry and posting for the use of office supplies during the year is accidentally omitted, what would be the impact on the financial statements
Answers (1)
New Questions in Business
For February, sales revenue is $700,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising expenses are $90,000; shipping expenses total 2% of sales;
Answers (1)
Steven is going to purchase two stocks to form the initial holdings in his portfolio. Iron stock has an expected return of 25 percent, while Copper stock has an expected return of 19 percent.
Answers (1)
Continuous quality improvement depends heavily upon: Select one: a. hard work b. monitoring special causes of variance c. use of checklists d. employment of the PDCA cycle
Answers (1)
The difficulty in cost-benefit analysis is that the benefits are usually evident and easily measurable, while the costs are not always evident or measurable. A) True B) False
Answers (1)
What's the difference between price skimming and price penetration strategies?
Answers (1)
Home » Business » How is the consumer price index used to calculate inflation?
Sign Up Forgot Password?