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The CPI Market Basket

Question 13

Multiple Choice

The CPI market basket


A) determines how the spending patterns of the average urban household change from month to month.
B) determines how spending patterns change from urban household to urban household.
C) changes from one month to the next in order to calculate the CPI.
D) weights the goods and services according to the budget of an average urban household.
E) determines the best possible way of taxing the average urban household.

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