Which of the Following Is TRUE

question 23

Multiple Choice

Which of the following is TRUE?

• A)core inflation excludes price changes for food and energy
• B)core inflation only includes price changes for food and energy
• C)core inflation is reported for the CPI but not the for the PCE deflator
• D)the PCE deflator measures the average price change of a market basket of consumer goods
• E)the PCE deflator only measures price changes in energy

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Definitions:

Primary Obligation

The fundamental duty or liability that a party is required to fulfill under a contract.

Indemnity

A contractual agreement between parties where one agrees to compensate the other for any loss or damage incurred.

Guarantee

A formal pledge or assurance that certain conditions or obligations will be fulfilled, often serving as security in transactions.

Unwritten Lease

An oral or implied agreement between a landlord and tenant that has not been formalized in writing.