Economics 0455 · IGCSE · Inflation and deflation

Inflation and deflation — practice question

The weighting for a product within the consumer price index was raised. What is the most likely explanation for this change?

  • AThe product has become more expensive to produce.
  • BThe product has been offered for sale in more retail outlets.
  • CThe product has improved in quality and performance.
  • DThe product has taken a bigger share of consumers’ income.

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