alleryStart learning →The most commonly cited measure of inflation in the United States is the:
AProducer Price Index
BGross Domestic Product
CFederal Funds Rate
DConsumer Price Index
Answer & Solution
Correct answer: D. Consumer Price Index
1. One index dominates public discussion of inflation.
2. Several indices track prices in the United States.
3. The most commonly cited measure of inflation is the Consumer Price Index.
4. It is abbreviated CPI.
_Source: OpenStax Principles of Macroeconomics for AP Courses 2e (CC BY 4.0), Ch 8 'Inflation'_
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