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What is the primary purpose of the Consumer Price Index (CPI)?a) To measure the average income of householdsb) To track changes in the purchasing power of money over timec) To determine the unemployment rated) To calculate the gross domestic product (GDP) of a countryCorrect answer is option 'B'. Can you explain this answer? for Bank Exams 2024 is part of Bank Exams preparation. The Question and answers have been prepared according to the Bank Exams exam syllabus. Information about What is the primary purpose of the Consumer Price Index (CPI)?a) To measure the average income of householdsb) To track changes in the purchasing power of money over timec) To determine the unemployment rated) To calculate the gross domestic product (GDP) of a countryCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Bank Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary purpose of the Consumer Price Index (CPI)?a) To measure the average income of householdsb) To track changes in the purchasing power of money over timec) To determine the unemployment rated) To calculate the gross domestic product (GDP) of a countryCorrect answer is option 'B'. Can you explain this answer?.

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