When the Price Of,say,a Package of Rice Changes,what Must the BLS

question 246

Multiple Choice

When the price of,say,a package of rice changes,what must the BLS do next?

• A)immediately incorporate the new price into the CPI
• B)determine if the new price is consistent with other price changes for the period
• C)determine if the size,quality,weight,or packing of the rice has changed and adjust the price accordingly
• D)ignore the price change
• E)immediately incorporate the new price into the CPI only if the price has fallen

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