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The Consumer Price Index Measures the Average Prices Paid by

Question 22

Multiple Choice

The Consumer Price Index measures the average prices paid by


A) businesses for the most frequently used basket of resources.
B) urban consumers for the goods and services that most frequently change in price.
C) urban consumers for a fixed market basket of goods and services.
D) businesses for a fixed market basket of resources.
E) businesses and consumers for a market basket of goods and services.

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