Multiple Choice
Typically the consumer price index (CPI) is calculated by checking the prices of
A) all goods in 38 geographic locations.
B) only consumer goods in all populated places in the United States (using the Census Bureau's definition of a populated place) .
C) about 8,000 goods in about 38 locations across the United States.
D) about 8,000 goods in about 38 locations in North America.
E) about 10,000 goods in about 75 locations in the United States.
Correct Answer:

Verified
Correct Answer:
Verified
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