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The Reason Economists Create a Market Basket Is To

Question 11

Multiple Choice

The reason economists create a market basket is to:


A) track its changing prices to reflect changes in purchasing patterns of firms.
B) see how the cost of buying the goods and services on the list changes over time.
C) know how each individual consumer is being affected by changing prices.
D) get a sense of how people buy items on a weekly basis.

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