As new goods and services become available the basket of goods used to calculate the CPI:

Name: As new goods and services become available the basket of goods used to calculate the CPI:
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Question

Quizplus · Accepted Answer

The basket of goods used to calculate the CPI periodically is updated in order to reflect changes as new goods and services become available. This ensures that the CPI remains an accurate measure of the cost of living over time.

As New Goods and Services Become Available the Basket of Goods