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Most Economists Believe That Biases Cause Changes in the CPI

Question 24

Multiple Choice

Most economists believe that biases cause changes in the CPI to overstate the inflation rate by ________ percentage points.

A) 0.1 to 0.2
B) 0.2 to 2.0
C) 0.4
D) 0.5 to 1.0
E) 1.0 to 3.0

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