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The Consumer Price Index (CPI)measures the Changes of the

Question 10

Multiple Choice

The Consumer Price Index (CPI) measures the changes of the


A) prices paid by consumers for a fixed market basket of consumer goods and services.
B) quantities of a fixed market basket of goods produced by businesses.
C) lowest prices paid by consumers for a fixed market basket of consumer goods and services.
D) prices paid by all businesses for a fixed market basket of production resources.
E) prices paid by consumers and businesses for a fixed market basket of goods and services.

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