What is inflation and how is it measured

Answers

Answer 1

Answer:

Inflation is an increase in the level of prices of the goods and services that households buy

Explanation:

The most well-known indicator of inflation is the Consumer Price Index (CPI), which measures the percentage change in the price of a basket of goods and services consumed by households. hope this helps you :)


Related Questions

Other Questions
Paula is working on a project for an iOS app that will show action clips with special effects to promote a new musical drama. The app must also enable users to buy a ticket at any point, but without distracting them. Paula designs a small, non-intrusive button that the user can choose to click on to book a ticket even when watching an action clip. She is creating an effective________becaus her goal matches the users goal. How is the Office of Management and Budget influenced by the President?A It strives to increase spending based on the President's decisions.B It tries to fund the personal spending of the President.C It attempts to meet the President's foreign policy goals.D It focuses on funding programs important to the President. Despus de salir con mis amigos los sbados, llego a casa, me ducho y me lavo el pelo. ________el pelo y voy a dormir a las nueve de la noche.A) Me duermoB) Me levantoC) Me miroD) Me seco Which is the better buy?. Store A $180 at 1/3 off Or Store B $110 at 10% off Rachelle transfers property with a tax basis of $800 and a fair market value of $960 to a corporation in exchange for stock with a fair market value of $765 and $42 in cash in a transaction that qualifies for deferral under section 351. The corporation assumed a liability of $153 on the property transferred. What is the corporation's tax basis in the property received in the exchange Which phrase best describes Jimmy Carter What is the slope of the line shown below?(3, 8)(1, -2) How long is 139.5 minutes Give the characteristic of a zero order reaction having only one reactant. a. The rate of the reaction is not proportional to the concentration of the reactant. b. The rate of the reaction is proportional to the square of the concentration of the reactant. c. The rate of the reaction is proportional to the square root of the concentration of the reactant. d. The rate of the reaction is proportional to the natural logarithm of t Previously, you took Cornell notes while watching the 2014 State of the Union address. Then you read the text of the same speech. Turn in the Cornell notes you took while watching the video. Write two paragraphs comparing and contrasting watching versus reading the speech. How was watching different from listening? How did reading the speech change your understanding? What impact did the video have that was different from reading the speech? How was it the same? Think about other differences and similarities. Use specific details to illustrate your points. 10 ft8 ftFind the perimeter of this figure to thenearest hundredth. Use 3.14 Look at the view of Toledo, a Mannerist painting done by el Greco in 1604. What is the most noteworthy about mannerism? Karen's teacher maintains a book that records every instance of misconduct by her students. Every time a student misbehaves, she adds a point against his or her name in the book. Karen's students now stop misbehaving in class because they fear that the teacher will add points against their names. This is an example of BRound your answer to the nearest hundredth.A9B5 An elementary school is offering 3 language classes: one in Spanish, one in French, and one in German. The classes are open to any of the 100 students in the school. There are 28 students in the Spanish class, 26 in the French class, and 16 in the German class. There are 12 students who are in both Spanish and French, 4 who are in both Spanish and German, and 6 who are in both French and German. In addition, there are 2 students taking all 3 classes. If two students are randomly chosen, what is the probability that at exactly one of them does exactly two language classes. Imagine you have a rectangular wooden block with dimensions of 10 cm x 3 cm x 8 cm (L x W x H). Required:a. What is the volume of your wooden block?b. What is the density of this wooden block if it has a mass of 168 g? Please help !! Correct and first answer Ill give you brainesttttt ! What is the equation of the line? Agent Jennings makes a presentation on Medicare advertised as an educational event. Agent Jennings distributes materials that are solely educational in nature. However, she gives a brief presentation that mentions plan-specific premiums. Is this a prohibited activity at an event that has been advertised as educational? If ABCD is a rectangle, and ABD=55, what is the value of X? One fourth of a number is added to one fifth of the same number. If the result is 18, find the number