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sinerus sinerus
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6 years ago
Which one of the following statements is true of the Consumer Price Index?
A) It does not take into account the price of used goods.
B) It does not take account of the price of imported goods and services.
C) It measures changes in prices of a fixed basket of goods.
D) It understates the true rate of inflation.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Lightman030Lightman030
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6 years ago
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sinerus Author
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Helped a lot
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