israelp4184 israelp4184

14-04-2020
Business

contestada

inflation can be measured by the a. percentage change in the price of a specific commodity. b. percentage change in the consumer price index. c. change in the price of a specific commodity. d. change in the consumer price index.

Respuesta :

hyderali230 hyderali230

18-04-2020

Answer:

b. percentage change in the consumer price index.

Explanation:

Inflation is the increase in the price of a commodity, it is expressed as a percent change in the price of an item. We can calculate the inflation using percentage change in consumer price index.

Consumer price index measure the percentage of change in the price of a market basket of consumer goods and services.

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