the most common measure of inflation is a statistic called the nominal measurement consumer price index…

the most common measure of inflation is a statistic called the nominal measurement consumer price index annual rate us bureau of labor statistic

the most common measure of inflation is a statistic called the nominal measurement consumer price index annual rate us bureau of labor statistic

Answer

Brief Explanations:

The consumer - price index (CPI) measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. It is the most common measure of inflation. Nominal measurement is a general concept not specific to inflation. Annual rate can be related to inflation but is not the measure itself. The US Bureau of Labor Statistics is an agency that calculates and reports statistics including the CPI, not the measure of inflation.

Answer:

consumer price index