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  3. Study Set
    Economics Today Study Set 1
  4. Exam
    Exam 7: The Macroeconomy: Unemployment, Inflation, and Deflation
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    For the CPI
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For the CPI

Question 289

Question 289

Multiple Choice

For the CPI. the value of the index in the base year


A) always equals 100.
B) depends upon price and quantity that are constantly changing.
C) is always greater than 100.
D) depends upon what prices did the year before.

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