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  3. Study Set
    Principles of Macroeconomics Study Set 18
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    Exam 5: Inflation and the Price Level
  5. Question
    The Boskin Commission Found That the CPI ______ the True
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The Boskin Commission Found That the CPI ______ the True

Question 117

Question 117

Multiple Choice

The Boskin Commission found that the CPI ______ the true inflation rate.


A) is independent of
B) understates
C) precisely measures
D) overstates

Correct Answer:

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