Changes in the buying power of the dollar are measured by

Group of answer choices

the unemployment rate

the money supply

the consumer price index

interest rates

Question

15-04-2020
Social Studies

contestada

Changes in the buying power of the dollar are measured by

Group of answer choices

the unemployment rate

the money supply

the consumer price index

interest rates

Respuesta :

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gomezgerman032 gomezgerman032 · Answer 1 · 2020-04-17T04:44:37+02:00

Answer: the consumer price index

Explanation:

Hi, the consumer price index (CPI) is a measure of the average variation of price paid by consumers for a market basket of consumer goods and services.

The buying power of the dollar has a negative correlation with the CPI. If the CPI increases, the buying power of the dollar decreases.

So, the CPI can be used as a measure for the buying power of the dollar.

Changes in the buying power of the dollar are measured by Group of answer choices the unemployment rate the money supply the consumer price index interest rates

Respuesta :

Otras preguntas

Changes in the buying power of the dollar are measured by

Group of answer choices

the unemployment rate

the money supply

the consumer price index

interest rates