Multiple Choice
One reason economists have begun focusing on the Personal Consumption Expenditure measure for inflation is that the PCE deflator:
A) takes the exchange rate value of the dollar into account.
B) weights food more because food is a rising percent of expenditures.
C) allows for a changing basket of goods.
D) includes the price of assets such as stock portfolios.
Correct Answer:

Verified
Correct Answer:
Verified
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