When we compare the records of the CPI and the chain price index of Household Final Consumption Expenditure (HFCE) over time, the
A) CPI tends to exceed the chain price index of HFCE.
B) two are very different in magnitude.
C) chain price index tends to exceed the CPI.
D) two measures are identical.
E) CPI tends to exceed the chain price index when inflation is high, and the chain price index tends to exceed the CPI when inflation is low.
Correct Answer:
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