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The Consumer Price Index Measures The

Question 3

Multiple Choice

The consumer price index measures the:


A) total price of a basket of goods and services bought by a typical consumer.
B) average price of a basket of goods and services bought by a typical consumer.
C) total price of a basket of goods and services bought by all families in the country.
D) average price of a basket of goods and services bought by all families in the country.

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