Consumer Concepts

By costa.a2012
  • Consumer Price Index (CPI)

    Consumer Price Index (CPI)

    BLS Q&A
    Measures changes in the price level of consumer goods and services purchased by households.
  • Good

    Good

    Goods
    An object people want they can touch or hold.
  • Service

    Service

    Service
    An action a person does for someone else.
  • Inflation

    Inflation

    Inflation
    The rate at which prices for goods and services rise and fall.
  • Interest

    Interest

    Interest
    Money paid in exchange for borrowing other people or company's money.
  • Budget

    Budget

    Budget Info
    A spending plan that tracks money.