The Inflation Rate Reported in the News Is Usually Calculated

question 158

True/False

The inflation rate reported in the news is usually calculated from the GDP deflator rather than the consumer price index.

---

Definitions:

Existing Products

Existing products are items that are already available in the market and not newly launched.

Selling Profession

A career focused on promoting and selling products or services to customers, requiring skills in communication, persuasion, and negotiation.

Trade Show

An event where businesses in a specific industry showcase and demonstrate their new products and services to potential customers.