Approximately How Often Is the Consumer Price Index (CPI)market Basket

question 81

Multiple Choice

Approximately how often is the Consumer Price Index (CPI) market basket updated?

• A) Every 10 years
• B) Every 25 years
• C) Every year
• D) Every 2 years
• E) Every 5 years

---

Definitions:

Liquidity Crisis

A situation where an entity lacks the liquidity necessary to meet its short-term obligations, potentially leading to insolvency.

Market Value

The current price at which an asset or service can be bought or sold in a competitive marketplace.

Inventory Loans

are secured short-term loans or lines of credit given against the inventory of a business, used to purchase additional inventory or manage cash flow.