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The Consumer Price Index Measures the Average Prices Paid by

Question 5

Multiple Choice

The Consumer Price Index measures the average prices paid by


A) businesses for a fixed market basket of resources.
B) businesses for the most frequently used basket of resources.
C) urban consumers for a fixed market basket of goods and services.
D) urban consumers for the goods and services that most frequently change in price.
E) businesses and consumers for a market basket of goods and services.

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