What term refers to the overall inflation rate including all items such as food and energy?
Answer
Headline inflation
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What term refers to the overall inflation rate including all items such as food and energy?
Answer
Headline inflation
What is the term for extremely rapid and out-of-control inflation?
Answer
Hyperinflation
What is the term for the alternating periods of economic expansion and contraction?
Answer
Business cycle
What is the term for GDP measured at current market prices without adjusting for inflation?
Answer
Nominal GDP
Which measure of inflation excludes food and energy from the Consumer Price Index?
Answer
Core CPI
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What is the term for extremely rapid and out-of-control inflation?
Answer
Hyperinflation
What is the term for the alternating periods of economic expansion and contraction?
Answer
Business cycle
Which price index excluding food and energy is closely watched by the Federal Reserve?
Answer
Core PCE price index
Which monthly BEA measure is personal income after taxes adjusted for inflation?
Answer
Real disposable personal income
Which price index is used to convert nominal GDP to real GDP?
Answer
GDP deflator
Which inflation index is the Federal Reserve's preferred measure for its 2% target?
Answer
Personal consumption expenditures (PCE) price index
Which monthly Census report measures the number of newly constructed homes sold?
Answer
New home sales