Answer:
The correct answer is True.
Explanation:
The CPI is the consumer price index. It is where the products that a family consumes regularly are valued and it is what is used to measure the inflation of a country.
Inflation is what causes the currency of a country to have a lower value, which produces an increase in the products that are consumed.
The inflation rate is measured by comparing the increase or decrease in the price of a product over a specific period of time, such as a year or a month.
Let's look at it with an example: if the rate of a product that costs $ 10 is 5% per year, next year that product will cost 5% more, that is, it will cost $ 10.50.
