The CPI is all of the following EXCEPT the:?

Question

22. The CPI is all of the following EXCEPT the:

A. rate of inflation between the current period and the base year.

B. cost of living relative to the base year.

C. average level of prices relative to prices in the base year.

D. consumer price index.

E. cost of a standard basket of goods and services relative to the cost of the same basket in the base year.

Answer 1

C. average level of prices relative to prices in the base year.