103k views
1 vote
In the United States, which assessment system measures inflation

2 Answers

4 votes
consumer price index

User Rob Charlton
by
7.3k points
1 vote

The answer is: Consumer price index

Consumer price index refers to the method to measures the change in market's price levels by counting the total purchases of goods and services that made by the consumers.

In united states, this can be used as a way to assess inflation. If the price levels shown is increasing over a consistent period of time, we can conclude that the country is experiencing rising inflation.

User Sahal Nazar
by
7.2k points