To Measure Core Inflation, the BLS Excludes ______________ from the Basket

question 127

Multiple Choice

To measure core inflation, the BLS excludes ______________ from the basket of goods used to calculate the CPI.

• A) food and gasoline
• B) food, clothing, and housing
• C) food and housing
• D) housing and gasoline

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Definitions:

Common Interest

A shared personal or professional enthusiasm, concern, or preference among a group of people, often forming the basis for social or occupational connections.

Current Event

A happening, incident, or situation occurring at the present time or most recently.

Listen

To give attention with the ear to someone or something in order to hear and understand sounds or information.

Active Interest

Showing enthusiastic engagement and a high degree of attention in a particular subject or activity.