Question

"consumer price indices(CPI) help in determining the extent of inflation in a country". Highlight three problems encountering calculating consumer price indices in Kenya

Answer 1

Answer:

During a period of high inflation, what government actions can preserve the value of money? Select two options. forcing producers to sell at a certain price selling gold for use as an alternate currency restricting the money supply by adjusting interest rates providing increased benefits to people harmed by inflation decreasing the demand for money by lowering the price of real estateconsumer price indices(CPI) help in determining the extent of inflation in a country". Highlight three problems encountering calculating consumer price indices in Kenyaconsumer price indices(CPI) help in determining the extent of inflation in a country". Highlight three problems encountering calculating consumer price indices in Kenya

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