Using four or more sentences, explain the purpose of the consumer price index (CPI).

Question

Social Studies

Lauryn Hurley

14 July, 03:11

Using four or more sentences, explain the purpose of the consumer price index (CPI).

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Answers (1)

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Talia Gibbs · Answer 1

Following are the purpose of the consumer price index (CPI) is given below.

Explanation:

The Consumer Price Index is to determine the average cost shift across the time payable by the client for the collection of the products and the services. Consumer price index is used for the indicator and the inflation as well as the implication, of the financial policy of the Country. The main objective of consumer price index is to determining the urban salaried employees as well as the admin staff.