Author Question: The market basket of goods and services used to calculate the consumer price index CPI by the ... (Read 43 times)

Capo

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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
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  • Posts: 300
Answer to Question 1

True

Answer to Question 2

False



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