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Author Question: The market basket of goods and services used to calculate the consumer price index CPI by the ... (Read 34 times)

Capo

  • Hero Member
  • *****
  • Posts: 545
on: Jun 30, 2018
The market basket of goods and services used to calculate the consumer price index CPI by the Department of Labor in the U.S. changes only every two years.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The value of a price index in the base year will always be zero.
 a. True
  b. False
  Indicate whether the statement is true or false


kardosa007

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

False


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