The consumer price index (CPI) tends to understate the true rate ...

[bobypop]

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]

Answer to Question 1

False

Answer to Question 2

c