Examlex
A manifest function of war is ______.
Inflation Rate
The percentage increase in the general price level of goods and services in an economy over a period of time, usually a year.
Market Basket
A selected set of goods and services used to track an economy's inflation or cost of living over time.
CPI
The Consumer Price Index scrutinizes the average price changes of a broad spectrum of consumer items and services, like food, healthcare, and transport, by means of a weighted average calculation.
CPI
By utilizing a weighted average mechanism, the Consumer Price Index monitors the price trajectory of essential consumer goods and services, which includes food, transportation, and medical services.
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