Which Statement Best Characterizes the Consumer Price Index

question 165

Multiple Choice

Which statement best characterizes the consumer price index?

• A) It is a measure of a nation's standard of living.
• B) It shows production of consumer goods.
• C) It measures the increase in the prices of all final goods and services produced within the borders of a country.
• D) It is an imperfect measure of the cost of living.

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Definitions:

Scanf()

A function in C programming that allows the reading of formatted input from stdin (standard input stream).

Data Type

A data type is a classification of data which tells the compiler or interpreter how the programmer intends to use the data. This classification determines the types of operations that can be performed on the data.

Fflush()

A standard library function in C used to flush a stream’s output buffer, forcing written data to be delivered.

Input Buffer

A temporary storage area utilized for holding input data before it is processed by a program, ensuring smooth and efficient data handling.