The Most Widely Used Measure of Inflation Is Based on Which

question 116

Multiple Choice

The most widely used measure of inflation is based on which of the following price indices?

• A) Producer price index
• B) Consumer price index
• C) GDP deflator
• D) Wholesale price index

---

Definitions:

Most Concern

Areas or issues that are of the highest priority or worry to an individual, community, or organization.

Issues

Refers to important topics, subjects of debate, or problems that are under discussion or are to be resolved in a societal, political, or professional context.

Irish Immigrants

Irish immigrants are individuals from Ireland who moved to other countries, notably in the 19th and early 20th centuries to places like the United States, often fleeing famine, economic hardship, or seeking better opportunities.

Discriminated Against

Treated differently or unjustly on the basis of certain characteristics, such as race, age, sex, or nationality, leading to denial of rights or opportunities.