Multiple Choice
The fact that Dollarama's sales increased during the recent recession indicates that
A) inflation measured by the CPI understates the true increases in the cost of living.
B) the CPI is a better measure for the cost of living than the GDP deflator.
C) inflation measured by the CPI overstates the true increases in the cost of living.
D) the CPI understates the actual cost of living.
Correct Answer:

Verified
Correct Answer:
Verified
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