Westonci.ca is the premier destination for reliable answers to your questions, brought to you by a community of experts. Experience the convenience of getting accurate answers to your questions from a dedicated community of professionals. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

An index of average level of prices for all goods and services in the economy is the
a.
implicit GDP price deflator.
c.
producer price index.
b.
consumer price index.
d.
current GDP.

Sagot :

[tex] \large \sf \pmb{B) \: Consumer \: Price \: Index(CPI)}[/tex]

  • An index of average level of prices for all goods and services in the economy is the Consumer Price Index(CPI).