Research done at the Bank of Canada suggests that the sources of bias in CPI,taken together,cause the Canadian CPI to overstate increases in the cost of living.How much does the research indicate it is overstated by?
A) 0.5 percentage points
B) 1.6 percentage points
C) 2.1 percentage points
D) 3.4 of a percentage point
Correct Answer:
Verified
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