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When Computing the Consumer Price Index,the Bureau of Labor Statistics

Question 32

Multiple Choice

When computing the consumer price index,the Bureau of Labor Statistics takes into account changes in the:


A) type of goods but not the quality of goods purchased by the average consumer.
B) quality of goods but not the type of goods purchased by the average consumer.
C) type of goods and the quality of goods.
D) neither the price nor the quality of the goods.

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