Examlex
Which group is incorrect?
Inflation Rate
A rise in the cost of goods and services in an economy, expressed as a percentage over a certain time frame.
Rate of Inflation
The Rate of Inflation signifies the percentage increase in the general price level of goods and services in an economy over a period of time, leading to a decrease in purchasing power.
Imported Goods
Products brought into one country from another for the purpose of sale.
Consumer Price Index
A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, intended to indicate the cost of living.
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