Because of the biases in calculating the CPI, actual inflation is
A) more than the measured inflation rate by about 1 percent per month.
B) less than the measured inflation rate by about 1 percent per year.
C) accurately measured.
D) more than the measured inflation rate by about 1 percent per year.

Question

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The Answer of Because of the biases in calculating the CPI, actual inflation is
A) more than the measured inflation rate by about 1 percent per month.
B) less than the measured inflation rate by about 1 percent per year.
C) accurately measured.
D) more than the measured inflation rate by about 1 percent per year.

Because of the Biases in Calculating the CPI, Actual Inflation