The adjustments made recently by the BLS to mitigate the overstatement of the cost-of-living by the CPI

Question

Quizplus · Accepted Answer

The BLS adjustments have reduced the estimated overstatement of the CPI from 1.1% to 0.8%, indicating that the problem has been partially addressed but not completely eliminated. Option A and D are incorrect as they suggest either a complete solution or no impact, which is not the case according to the question. Option B is also incorrect as it implies that the adjustments have exacerbated the problem rather than mitigating it.

The Adjustments Made Recently by the BLS to Mitigate the Overstatement