Most Economists Believe That Biases Cause Changes in the CPI

question 24

Multiple Choice

Most economists believe that biases cause changes in the CPI to overstate the inflation rate by ________ percentage points.

• A)0.1 to 0.2
• B)0.2 to 2.0
• C)0.4
• D)0.5 to 1.0
• E)1.0 to 3.0

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Definitions:

Inner Classes

Classes defined within another class, used in programming to logically group classes that are only used in one place, thus increasing encapsulation.

Inner Class

A class defined within another class, useful for logically grouping classes that are only used in one place.

Outer Class

A class that is not nested within another class and can contain inner classes.

Anonymous Class

A temporary class that is declared and instantiated in a single statement without using a named class.