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Tidy Tidy
wrote...
Posts: 4852
9 years ago
Most economists believe that the biases in the consumer price index cause the CPI to overstate the true inflation rate by about
A) one-half to one percentage point.
B) one to two percentage points.
C) one quarter percentage point.
D) one and one-half percentage points.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Answer verified by a subject expert
Chimelo46Chimelo46
wrote...
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Posts: 5641
9 years ago
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8 years ago
Glad to help you, and good luck with your course.
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