Biology Forums - Study Force

Which of the following statements is true?
A) The best overall indicator of inflationary pressures in the economy is the CPI.
B) The consumer price index somewhat understates changes in the cost of living.
C) The producer price index is considered to be a leading indicator of future inflation rates.
D) One benefit with any fixed-bundle index as a measure of the cost of living is that it does not account for substitutions that consumers might make in response to price changes.

Content hidden

Good answer, thanks.