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What measures the change in prices of a basket of goods and services in a given year? A) recession B) depression C) deflation D)) inflation

Jeffrey Rodriguez

in Business

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Carlton Burgess on May 15, 2018

The average change over time in the prices paid by urban consumers for a basket of consumer goods and services measured by the consumer price index. A general increase in the cost of goods and services that also measures the change in prices of a basket of goods and services in a given year is the inflation.


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