In the CPI, Goods and Services Are Weighted According to

question 174

Multiple Choice

In the CPI, goods and services are weighted according to

• A)how long a market has existed for each good or service.
• B)the extent to which each good or service is regarded by the government as a necessity.
• C)how much consumers buy of each good or service.
• D)the number of firms that produce and sell each good or service.

---

Definitions:

Level 2 Cache

Also known as L2 cache, it is a secondary tier of cache memory that helps improve processing by storing frequently accessed data and instructions.

Cache Memory

A type of fast computer memory that provides high-speed data access to a processor and stores frequently used computer programs, applications, and data.

ROM

Read-Only Memory, a type of non-volatile storage that is typically used to store firmware or application software in electronic devices.

Multiple Cores

Refers to a CPU that has more than one processing unit (core) within a single chip, enhancing the computer's ability to perform multiple tasks simultaneously.