Which of the Following Statements Best Represents Economists' Beliefs About

question 27

Multiple Choice

Which of the following statements best represents economists' beliefs about the bias in the CPI as a measure of the cost of living?

• A)Economists agree that the bias in the CPI is a very serious problem.
• B)Economists agree that the bias in the CPI is not a serious problem.
• C)Economists agree on the severity of the CPI bias,but there is still debate on what to do about it.
• D)There is still debate among economists on the severity of the CPI bias and what to do about it.

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