Which statement from a newspaper article refers to the consumer price index
(CPI)?
A. Unemployment has decreased 5 percent since the election
B. The average cost of groceries has increased 10 percent since last year
C. Canada has increased its average household productivity over last year
D. The United States has dropped one rank In national productivity

Question

15-12-2019
History

contestada

Which statement from a newspaper article refers to the consumer price index
(CPI)?
A. Unemployment has decreased 5 percent since the election
B. The average cost of groceries has increased 10 percent since last year
C. Canada has increased its average household productivity over last year
D. The United States has dropped one rank In national productivity

Respuesta :

Otras preguntas

Janet is comparing the functions h(x) and g(x), the graph shows that the function g(x) is defined as -x^2-2x+6, Which statement is correct? A) h(x) has a larger

at a ski resort, the probability of snowing on a day in winter is 0.4

Which of the following correctly compares the mass of block A to the mass of block C and best explains how this relationship can be determined from the data? ma

A sequence is defined by the term-to-term rule Un+₁ = U²n +3 Given that u0 = 1, a) find u₁ b) find u₂ c) find us

Which thymocyte developmental checkpoint tests the functionality of the recombined beta chain of the pre-T cell receptor (pre-TCR? a.Positive selection b.Negat

Dé su apreciación crítica sobre el pensamiento mágico-religioso y la creencia en un Dios.

What can the community do to mitigate/relieve alleviate the challenges relating to clean and safe water in their areas? In your answer, also indicate how this c

Jimmy is meeting his fiancée’s parents for the first time tonight and is very nervous. He keeps saying to himself, "I know they'll hate me. This is going to g

There is a table in the living room of a house with a length of √x+6 and a breadth of √x+5 . Determine the area of the table in terms of x. Hence determine the

which one of the following statements best describes the actions of the smoothing constant as it moves closer to the smoothing constant α?

sunmathisynergy sunmathisynergy · Answer 1 · 2019-12-24T11:54:07+01:00

Answer:

'The average cost of groceries has increased 10 percent since last year' is the statement from the newspaper article which refers to the consumer price index.

Option: (B)

Explanation:

CPI consumer price index is a measure which examines the 'weighted average of prices' of a basket containing 'consumer goods and services' like transportation, medical care and food.

It is calculated by considering change of price for each object or item in the 'predetermined basket' of goods followed by averaging them.

Always, it is reported and calculated by the 'bureau of economic analysis and statistics' of a country on annual basis and also monthly basis.

It is the mostly used statistics to identify deflation or periods of inflation.

rigidglacier82 rigidglacier82 · Answer 2 · 2021-05-31T09:31:20+02:00

rigidglacier82 rigidglacier82

31-05-2021

Answer:

b

Explanation:

Answer Link