If People Bought the Same Market Basket of Goods as the Average

question 135

Multiple Choice

If people bought the same market basket of goods as the average consumer again and again the

• A) consumer price index (CPI)would be extremely accurate.
• B) consumer price index (CPI)would be less accurate.
• C) gross domestic product (GDP)deflator would be more accurate.
• D) gross domestic product (GDP)deflator would be less accurate.
• E) consumer price index (CPI)would be biased upward relative to the GDP deflator.

---

Definitions:

Social Sciences

A branch of science that deals with the study of societies and the relationships among individuals within those societies.

Western Ideas

Concepts, values, and philosophies that originated in or are associated with Western European and North American cultures, often emphasizing individualism, democracy, and rationality.

Matriarchal Power

A social system in which women hold primary power positions in roles of political leadership, moral authority, social privilege, and control of property.

Radical Feminism

A perspective within feminism that calls for a radical reordering of society in which male supremacy is eliminated in all social and economic contexts.