A.
Th e consume r pric e inde x give s economist s a wa y o f turnin g dolla r figure s int o meaningfu l measure s of purchasin g power.
B.
Th e consume r pric e inde x i s use d t o monito r change s i n th e cos t o f livin g ove r time.
C.
Th e consume r pric e inde x i s use d b y economist s t o measur e th e inflatio n rate.
D.
Th e consume r pric e inde x i s use d t o measur e th e quantit y o f good s an d service s tha t th e econom y is producing.