Question

The Consumer Price Index compares the:

A. prices of all goods and services in the economy compared to the prices of those goods and services in a base year.

B. prices of consumer goods and services that a household purchases to the prices of those goods and services purchased in a base year.

C. prices of producer goods and services that are made for consumers to the prices of those goods and services in a base year.

D. prices of goods and services that are purchased by producers to the prices of those goods and services in a base year