multiple choice question\nthe rate of inflation is equal to the annual percentage rate of change in the…

multiple choice question\nthe rate of inflation is equal to the annual percentage rate of change in the \n\nproducer price index\nconsumer price index\ngdp inflator\ncost of living adjustment index

multiple choice question\nthe rate of inflation is equal to the annual percentage rate of change in the \n\nproducer price index\nconsumer price index\ngdp inflator\ncost of living adjustment index

Answer

Brief Explanations:

The rate of inflation is commonly measured by the annual percentage change in the consumer price index (CPI). CPI tracks the changes in the prices of a basket of goods and services consumed by households. Producer price index measures prices at the producer level, GDP inflator is for overall price changes in an economy's output, and cost - of - living adjustment index is related to adjusting income for cost - of - living changes but not the standard measure for inflation rate.

Answer:

B. consumer price index