The Consumer Price Index Includes All of the Following Goods

question 48

Multiple Choice

The consumer price index includes all of the following goods and services except

• A) bonds of US corporations
• B) French wine
• C) Japanese VCRs
• D) used cars
• E) toiletries

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Definitions:

Social Comparison

The process of evaluating oneself by comparing with others.

Self-Enhancement Motive

The desire to maintain, increase, or enhance one's positive self-view.

Appraisal Motive

The desire to find out why things happen and what the causes of events are, often related to understanding one's own emotional responses.

Consistency Motive

The desire to maintain harmony and coherence among one’s beliefs, attitudes, and behaviors to avoid cognitive dissonance.