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Financial Planner

Category - General Principles of Financial Planning

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What is measured by the Consumer Price Index and Producer Price Index indicating the general upward price movement of goods and services?

Price Indicator
Business Cycle
Inflation
National Indicator

Explanation

Answer: C - Inflation is measured by the Consumer Price Index and Producer Price Index indicating the general upward price movement of goods and services. Inflation is the decrease in dollar value due to increased goods and service costs.

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