Which of the Following Is a Measure of General Inflation

question 17

Multiple Choice

Which of the following is a measure of general inflation that is NOT based on a fixed market basket of goods and services?

• A) consumer price index
• B) producer price index
• C) personal consumption expenditure index
• D) medical price index

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Definitions:

Anticline

A geological feature characterized by a convex fold in rock layers that arches upward, often associated with oil reserves.

Syncline

A geological fold with layers that dip inward from both sides towards the central axis, typically forming a trough.

Monocline

A geological fold in which all strata are inclined in the same direction, forming a step-like structure.

Metamorphosed

Refers to rocks that have undergone a change in mineral composition and texture due to exposure to high temperature and pressure conditions.