Answer:
The average of the prices paid by consumers for a fixed market basket of goods and services.
Explanation:
C
Answer:
Inflation and deflation; includes housing and food as part of the market basket of goods and services that it measures.
Explanation:
The Consumer Price Index (CPI) consists of monthly statistics that measure the pace of inflation and deflation. The government can compute the cost of goods and services, including housing, food, apparel, and medical care, to see whether or not they are going up or down.
