The CPI is based on the prices of a carefully selected market basket of goods,all of which consumers can purchase at a supermarket.
Level of Learning 1: Knowledge of key terms

Name: The CPI is based on the prices of a carefully selected market basket of goods,all of which consumers can purchase at a supermarket. Level of Learning 1: Knowledge of key terms
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The CPI includes a wide range of goods and services, not just those available in supermarkets, such as housing, transportation, and medical care.

The CPI Is Based on the Prices of a Carefully