103k views
0 votes
What is one measure of how much goods and services cost at a particular point in time?

1 Answer

5 votes

Answer:

Answer letter (D)

Step-by-step explanation:

The Consumer Price Index (CPI) is a tool that examines the average of prices of a basket of consumers goods and services.

The CPI is used as an economic indicator and is used as a measure of inflation and effectiveness of the government’s economic policies.

User Bhargav Mistri
by
7.2k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.