What is consumer price index in economics? How is it significant in an economy?Economic Indicators:Economic indicators. These are financial concepts used in the economy to help the investors to sport and understand investment opportunities. Some of the indicators include Gross Domestic Produ...
consumer price index inEconomics topic From Longman Dictionary of Contemporary English conˌsumer ˈprice ˌindexnoun[countable]alistof thepricesofproductsthat shows how much prices haveincreasedduring a particularperiodof time Examples from the Corpus ...
Customer Price Index C. Consumption Price Index D. Cost Price Index 相关知识点: 试题来源: 解析 A。在经济学中,“CPI”代表“Consumer Price Index”,消费者物价指数。选项 B“Customer Price Index”的表述错误;选项 C“Consumption Price Index”和选项 D“Cost Price Index”都不是“CPI”的正确表述。
How is consumer price index related to microeconomics? Uses of CPI: The consumer price index (CPI) is used as an economic indicator of inflation. It is also used as a deflator for various economics series, as a deflator for the determination of the purchasing power of the value of a consu...
economics PrintCiteShareLinks Also known as: CPI, retail price indexWritten and fact-checked byThe Editors of Encyclopaedia Britannica Updated: Oct. 16, 2024 Is the economic balloon inflating or deflating? © yellow_man/stock.adobe.com Recent News Oct. 16, 2024, 11:38 AM UTC(The Hindu)CPI...
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Several price indexes are calculated by the Bureau of Labor Statistics (BLS), but the most popular measure of inflation as reported in the press is the All Items Consumer Price Index for All Urban Consumers (CPI-U) for the U.S. City Average, 1982-84 = 100, usually just called the ...
It can be slightly deceiving because there can be a large variation in geographical inflation. What is the Consumer Price Index and why is it important? The Consumer Price Index is a measurement of a basket of consumer goods and services from different sectors of the market and their average ...
While CPI refers to the extent of price change of a given bundle of products, inflation denotes the general rise in market prices over a period. What is Consumer Price Index used for? Consumer Price Index (CPI) shows the extent of price change for a given bundle of goods. It is used ...
译文示例:The relevant price index must be defined; in general, it is a traditional consumer price index ↔ Mora biti definiran relevantan indeks cijena; općenito uzevši, to je obično tradicionalni indeks potrošačkih cijena consumer price index noun 语法 (economics) A statistica...