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15 December, 12:41

Which economic indicator would be most useful for figuring out how much something you bought today cost 10 years ago?

retail sales

new housing construction

gross domestic product

Consumer Price Index

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Answers (1)
  1. 15 December, 13:02
    0
    Consumer Price Index

    Explanation:

    The consumer Price Index is the variation on prices of goods and services during a period. It is related to inflation that shows how the power of acquisition of the money decreases in the time.
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