The chained consumer price index (CPI)for urban consumers does a better job in approximating a cost-of-living index than does the CPI.

Name: The chained consumer price index (CPI)for urban consumers does a better job in approximating a cost-of-living index than does the CPI.
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The chained CPI accounts for changes in the composition of goods and services that people actually buy, making it a better measure of inflation and the cost of living.

The Chained Consumer Price Index (CPI)for Urban Consumers Does a Better