Name two factors that may influence an economic time series such as the Consumer Price Index.
Question 2
What is the Consumer Price Index most useful for?
a. Comparing prices of similar products in the same geographic area across time.
b. Measuring the complete cost of living for most (87) of Americans.
c. Measuring the money-saving behavior of U.S. consumers.
d. Measuring the effects of changes in quality of products over time on the cost of living.
