Question

What is one measure of how much goods and services cost at a particular point in time? A. Unemployment rate B. Gross domestic product C. Per capita gross domestic product D. Consumer price index

Answer 1

D is the answer

Step-by-step explanation:

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Answer 2

The correct answer is letter D.

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.