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Which goods are supposed to be included in the CPI?

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter5: National Income Accounting

Section: Chapter Questions

Problem 6E

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Question

Which goods are supposed to be included in the CPI?

Group of answer choices

All goods and services that typical consumers buy.

All goods and services produced in the economy.

All goods and services in the consumption component (C) of the GDP.

All the goods, but not the services, in the consumption component (C) of the GDP.

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