The Value of the Consumer Price Index (CPI)is Best Described

question 136

Multiple Choice

The value of the consumer price index (CPI) is best described as the

• A) current year prices to base year prices,holding the market basket content constant.
• B) current year prices to base year prices,including changes in the content of the market basket.
• C) base year prices to current year prices,holding the market basket content constant.
• D) base year prices to current year prices,including changes in the content of the market basket.
• E) current year quantity to base year quantity,including changes in the prices of the market basket.

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Definitions:

Polychaetes

A class of annelid worms characterized by segmented bodies and paired, bristle-like appendages, commonly found in marine environments.

Leeches

Aquatic or terrestrial annelids that have a sucker at each end and are known for their ability to attach to and feed on the blood of animals.

Sandworms and Tubeworms

Diverse groups of worms, often marine, where sandworms usually refer to polychaete annelids and tubeworms can refer to several different taxa that live in protective tubes.

Trochophore Larva

A larval form found in mollusks and many polychaetes.