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Which of the following is measured by the inflation rate?

  • Question 18b of 25 - Economic indicators

  • Maximum Attempts: 1
  • Question Type: Multiple Choice
  • Maximum Score: 2
  • Question: Which of the following is measured by the inflation rate?
  • Answers:
  1. The percentage rise in price levels.
  2. The growth of housing construction.
  3. The overall value of goods and services.
  4. The amount of goods sold to consumers.

The correct answer is: The percentage rise in price levels. The inflation rate measures how fast prices are rising.

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