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Economists Have Estimated That the CPI ______ Inflation by Approximately

Question 6

Multiple Choice

Economists have estimated that the CPI ______ inflation by approximately ______ percentage point(s) per year.

A) overestimates; 0.5
B) overestimates; 2.0
C) underestimates; 0.5
D) underestimates; 2.0

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