If you were advising a policy-maker about the fundamental inflationary pressures in the national economyy and were looking at inflation data to give an indicator of whether spending growth was beginning to out pace the productive capabilities of the economy (potential output). You would get the most relevant and accurate information from which of the following price measures
Core PCE

Wallis company manufactures only one product and uses a standard cost system. the company uses a predetermined plantwide overhead rate that relies on direct labor-hours as the allocation base. all of the company's manufacturing overhead costs are fixed—it does not incur any variable manufacturing overhead costs. the predetermined overhead rate is based on a cost formula that estimated $2,886,000 of fixed manufacturing overhead for an estimated allocation base of 288,600 direct labor-hours. wallis does not maintain any beginning or ending work in process inventory.

You were able to purchase two tickets to an upcoming concert for $100 apiece when the concert was first announced three months ago. recently, you saw that stubhub was listing similar seats for $225 apiece. what does it cost you to attend the concert?

How much more output does the $18 trillion u.s. economy produce when gdp increases by 3.0 percen?