What do cost of living indexes across cities measure? O The change in the general level of prices that occurred in each city during the year. O Changes in the earnings of the typical person working in each of the cities during the year. The average earnings of persons employed in the city during the year. O Differences in prices that affect the cost of purchasing a typical bundle of goods and services in each of the cities.

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What do cost of living indexes across cities measure?
O The change in the general level of prices that occurred in each city during the year.
O Changes in the earnings of the typical person working in each of the cities during the year.
The average earnings of persons employed in the city during the year.
O Differences in prices that affect the cost of purchasing a typical bundle of goods and services in each of the
cities.
Transcribed Image Text:What do cost of living indexes across cities measure? O The change in the general level of prices that occurred in each city during the year. O Changes in the earnings of the typical person working in each of the cities during the year. The average earnings of persons employed in the city during the year. O Differences in prices that affect the cost of purchasing a typical bundle of goods and services in each of the cities.
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