Multiple Choice
John complained to his buddy,Frank,that the prices of all the goods he and his family buy have increased a lot over the past year.Frank disagreed,saying that the prices of some goods have gone up a bit,but other prices have declined.Frank feels that the average price of consumer goods hasn't changed very much.In order to resolve their disagreement,John and Frank should look at recent figures for the:
A) PPI
B) GDP
C) MEW
D) CPI
Correct Answer:

Verified
Correct Answer:
Verified
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