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An advantage of the personal consumption expenditures price index (PCE) over the Consumer Price Index (CPI) as a measure of inflation is that the PCE
Intermittent
Occurring at irregular intervals; not continuous or steady.
Ongoing
Continuously happening or in progress.
Terminal
Describes a disease or condition that is expected to lead to death, often associated with a limited life expectancy.
Process
A sequence of measures or procedures executed with the aim of attaining a specific goal.
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