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    Essentials of Economics Study Set 4
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    Exam 16: Theory and Reality
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    Many Economists Argue That Government Price Indexes Overstate Inflation by 1
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Many Economists Argue That Government Price Indexes Overstate Inflation by 1

Question 138

Question 138

Multiple Choice

Many economists argue that government price indexes overstate inflation by 1 to 2 percent.From the point of view of those designing economic policy,this is an example of:


A) A goal conflict.
B) A measurement problem.
C) A design problem.
D) An implementation problem.

Correct Answer:

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