The CPI is not affected by rising prices of imported consumer goods.

Name: The CPI is not affected by rising prices of imported consumer goods.
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Question

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The Consumer Price Index (CPI) measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services, including imported goods. Therefore, rising prices of imported consumer goods can affect the CPI.

The CPI Is Not Affected by Rising Prices of Imported