If We Compare the Last 30 Years of Inflation as Recorded

question 20

Multiple Choice

If we compare the last 30 years of inflation as recorded by the CPI and the PCE price index we find that the

• A)two measures fluctuate together.
• B)the CPI inflation rate was always positive but the PCE price index inflation rate was frequently negative.
• C)PCE price index inflation rate has consistently been at least 5 percentage points above the CPI inflation rate.
• D)two measures give very different inflation rates for most years.
• E)CPI inflation rate has consistently been at least 5 percentage points above the PCE price index inflation rate.

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Definitions:

Graph

A chart that displays the network of links or associations between two or more items through various unique symbols like dots, lines, and bars.

Ticket Sales

The process or activity of selling admission tickets to events or functions.

Children's Tickets

Special ticket pricing offered for children, often at a reduced rate compared to adult prices, used in various events, transportation, and entertainment venues.

O'Hare International

A major airport located in Chicago, Illinois, known for being one of the busiest airports in the world.