Which Index Measures the Average Prices Paid by Urban Consumers

question 2

Multiple Choice

Which index measures the average prices paid by urban consumers for a basket of consumer goods and services?

• A)Urban Inflation Index (UII)
• B)Price Inflation Index (PII)
• C)Urban Consumer Index (UCI)
• D)Consumer Inflation Index (CII)
• E)Consumer Price Index (CPI)

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