Ask Question
BusinessBusiness
5 August, 18:38

What is the definition of CPI

+2
Answers (2)
  1. 5 August, 18:50
    0
    I'm pretty sure you're asking for the definition of 'Consumer Price Index', if not I am incredibly sorry. But, if I am correct ... the consumer price index (CPI) measures changes in consumer prices. The Bureau of Labor Statistics (BLS) calculates and publishes CPI data each month. It is the most recognized and known inflation measure in the US. Basically, CPI measures the change in the retail prices of a huge amount of specific goods and services, which is called the market basket. This falls into eight major categories: food and beverage, housing, apparel, transportation, medical care, recreation, education and communication, and other.
  2. 5 August, 19:02
    0
    A measure that examines the weighted average pf prices of a basket of consumer goods and services, such as transportation, food, and medical care.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is the definition of CPI ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The owners of NK Medical Equipment have been developing the brand equity of their MRI and CAT scan equipment.
Answers (1)
EA11. LO 5.3Mazomanie Farm completed 20,000 units during the quarter and has 2,500 units still in process. The units are 100% complete with regard to materials and 55% complete with regard to conversion costs.
Answers (1)
What need is influenced by an individual's personality, culture, and environment? are needs that are influenced by an individual's personality, culture, and environment, while needs are essential to human life.
Answers (1)
In today's workplace, most employers issue a policy stating that they will monitor employees' use of any company-owned computer, server, or email system, thus eliminating any expectation of privacy.
Answers (1)
At this stage in your life as a student, what investment would you recommend to save a portion of your money for your retirement?
Answers (1)
New Questions in Business
Quincy listed information from his credit report. Which list could Quincy have written? A previous address, current address, bankruptcy, car loan payment history current B address, monthly income, car loan payment history, date of birth C previous
Answers (1)
Carol wants to invest money in a 6% CD account that compounds semiannually. Carol would like the account to have a balance of $130,000 7-years from now. How much must Carol deposit to accomplish her goal?
Answers (1)
At the end of 2016, Nash's Trading Post, LLC has accounts receivable of $635,600 and an allowance for doubtful accounts of $23,140. On January 24, 2017, it is learned that the company's receivable from Madonna Inc.
Answers (1)
United Birdseed is expected to pay the following dividends over the next three years: After year 3, dividends are expected to grow by 5% per year forever. The expected/required return on United Birdseed stock is 10%. What is the stock price?
Answers (1)
Halestorm Corporation's common stock has a beta of 1.13. Assume the risk-free rate is 4.8 percent and the expected return on the market is 12.3 percent. What is the company's cost of equity capita?
Answers (1)
Home » Business » What is the definition of CPI
Sign Up Forgot Password?