Ask Question
Social StudiesSocial Studies
31 July, 14:31

The inflation rate that's mostly used in the US economy is calculated from

+3
Answers (1)
  1. 31 July, 14:54
    0
    Every month the US Bureau of Labor Statistics gathers price information on specific items from thousands of stores, service establishments, rental units and doctors' offices, in order to measure price changes in the CPI (Consumer Price Index). The CPI measures price changes in consumer products and services which are representative of the economy such as food, gasoline, clothing, vehicles, etc. This CPI data appears at the Bureau of Labor Statistics. As a result, the inflation rate is calculated from the Consumer Price Index.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The inflation rate that's mostly used in the US economy is calculated from ...” in 📗 Social Studies 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
In what ways does the geography of Greece affect the empire
Answers (1)
How did the Missouri Compromise lead to the Civil War?
Answers (1)
Which of the following is an implication of the Coase Theorem? Government intervention is not always necessary to solve externality problems. Taxation leads to an efficient allocation of resources regardless of who holds the property rights.
Answers (1)
Why have some Carribean islands remained politicly linked to European countries and the US
Answers (1)
In her social skills training group, thaina is learning how to attract positive attention by being a good listener and making appropriate comments. what is thaina's peer status?
Answers (1)
New Questions in Social Studies
In 1960, unemployment among native americans was ten times the national average, their life expectancy was twenty years lower, and their suicide rate was 100 times greater. a. True b. False
Answers (1)
Why is the period after the defeat of the Persians considered a "golden age" for Athens?
Answers (2)
Which occurs when the court directs a person or organization to appear to explain why the court should not take a proposed action?
Answers (1)
The safest place for a child of any age to ride is in the
Answers (1)
Many Vietnamese refugees came to Texas as a result of? A) rising opposition to the Vietnam war. B) Vietnam divided into 2 Countries. C) The fall of South Vietnam. D) Combat troops entering Vietnam
Answers (2)
Home » Social Studies » The inflation rate that's mostly used in the US economy is calculated from
Sign Up Forgot Password?