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ahrayia [7]
3 years ago
5

The consumer price index (CPI) is used to compute inflation.

Business
2 answers:
Murljashka [212]3 years ago
4 0

Answer:

true

Explanation:

mestny [16]3 years ago
3 0

ANSWER: The correct answer is True. Consumer price Index computes inflation or market basket of consumers.

Explanation: It measures the price changes in the goods or services basket for consumers which represents the consumption expenditure in the economy. It is calculated on various  categories or  sub- categories like,urban or rural. It measures the inflation rate and scans the percentage change of the  index over a period of time. It measures increase in the price of households basket.

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