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To the Extent That the CPI Does Not Accurately Measure

Question 109

Multiple Choice

To the extent that the CPI does not accurately measure the true price level,


A) the BLS will change the underlying market basket of goods
B) it is useless
C) it exaggerates the true cost of living
D) it results in underindexation of social security payments
E) it underestimates the true cost of living

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