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What are the disadvantages of using an index?
Consumer Goods
Items bought by the typical consumer for their own use, encompassing long-lasting items, perishable products, and various services.
Capital Goods
Physical assets that a company uses in the production process to manufacture products and services that consumers will later use.
Opportunity Cost
Giving up possible benefits from other solutions when a single solution is chosen.
Economic Growth
The increase in the inflation-adjusted market value of the goods and services produced by an economy over a period of time.
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