Question

What is CPI ( Corruption Perception Index)?? ​

Answer 1

Answer:

The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them.

All told, an increase in CPI means that a household has to spend more dollars to maintain the same standard of living; that's mostly bad for the households, but it can be good for businesses and the government