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The Consumer Price Index Is

Question 21

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The consumer price index is


A) a monthly price index that is designed to measure changes in prices for goods sold in primary markets.
B) a quarterly price index that uses 100 as a base.
C) a monthly price index that uses the price changes in a market basket of consumer goods and services to measure the changes in consumer prices over time.
D) another name for the Paasche index.

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