CPI stands for __________?
Correct answer: D. Consumer Price Index
- A. Company Price Index
- B. Customer Price Index
- C. Current Price Index
- D. Consumer Price Index
Explanation
CPI means Consumer Price Index, which measures changes in the prices paid by consumers for a representative basket of goods and services. The index is widely used to track inflation.
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About Abbreviations
Abbreviations covers the full forms and meanings of shortened names used in science, medicine, technology, education, government, finance, law, communication and international affairs. It includes initials, acronyms and standard symbols, with attention to similar abbreviations whose meanings change according to their professional or institutional context.
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