The consumer price index (CPI) Question content area bottom Part 1 A. compares the cost of the typical basket of goods consumed in period 1 to the cost of a basket of goods typically consumed in period 2. B. is the ratio of the average price of a typical basket of goods to the cost of producing those goods. C. compares the cost in the current period to the cost in a reference base period of a basket of goods typically consumed in the base period. D. measures the increase in the prices of the goods included in GDP.When the unemployment rate _______ the natural unemployment rate, real GDP _______ potential GDP