The basket of goods in the Consumer Price Index consists ofabout _________ products; that is, several hundred specific products in over__________ broad-item categories. a)800; 200 b)80,000; 400 c)200; 800 d)80,000; 200

The basket of goods in the Consumer Price Index consists ofabout _ products; that is, several hundred specific products in over__ broad-item categories. a)800; 200 b)80,000; 400 c)200; 800 d)80,000; 200

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

ChapterA: Working With Diagrams

Section: Chapter Questions

Problem 1QP

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Question

The basket of goods in the Consumer Price Index consists of
about _________ products; that is, several hundred specific products in over
__________ broad-item categories.

a)
800; 200

b)
80,000; 400

c)
200; 800

d)
80,000; 200

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