An Advantage of the Personal Consumption Expenditures Price Index (PCE)over

Multiple Choice

An advantage of the personal consumption expenditures price index (PCE) over the Consumer Price Index (CPI) as a measure of inflation is that the PCE

A) includes the prices of more consumer goods and services.
B) includes the prices of consumer goods,but not consumer services.
C) includes the prices of consumer services,but not consumer goods.
D) is a fixed market-basket price index that does not allow the mix of products to change each year.