One Improvement of the Chained Consumer Price Index (CPI)over the Traditional

question 173

Multiple Choice

One improvement of the chained consumer price index (CPI) over the traditional CPI is that the

• A) chained CPI more quickly takes into account new goods.
• B) chained CPI accounts for substitution between goods.
• C) chained CPI is "progressive," whereas the traditional CPI is "regressive."
• D) traditional CPI accounts only for the prices of goods,whereas,the chained CPI accounts for the prices of services,as well.
• E) chained CPI more easily accounts for deflation.

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Definitions:

Mitotic Spindle

A structure composed of microtubules that separates chromosomes into daughter cells during cell division.

Centromere

The region on a chromosome where two sister chromatids are joined and where the spindle fibers attach during cell division.

Animal Zygote

The initial cell formed when two gamete cells (egg and sperm) are joined by means of sexual reproduction, marking the beginning of a new organism's development.

Haploid Cell

A cell that contains a single set of chromosomes, half the diploid number, typical of gametes.