Consumer Price Index (CPI) measures the price of...
A. Goods only
B. Both goods and services
C. Services only
D. None of the above
Answer:B
Consumer Price Index (CPI) measures the price of...
A. Goods only B. Both goods and services C. Services only D. None of the above
Explanation: Consumer Price Index; measures the price of goods and services both. It includes 8 types of expenses i.e. tuition fee, communication, transportation, entertainment, clothing, food & beverages, housing and medical expenses.