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Author Question: The consumer price index (CPI) tends to understate the true rate of inflation. a. True b. False ... (Read 54 times)

bobypop

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on: Jun 30, 2018
The consumer price index (CPI) tends to understate the true rate of inflation.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

According to the statistics, the distribution of money income:
 a. fluctuated widely since 1947.
  b. changed significantly in favor of the bottom 5 percent.
  c. has not changed greatly since 1947.
  d. has not changed greatly since 1929.


Briannahope

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

c


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