To Construct the Consumer Price Index,the Bureau of Labor Statistics

question 143

Multiple Choice

To construct the Consumer Price Index,the Bureau of Labor Statistics must:

• A) Convert nominal incomes into real GDP and then compute the percentage increase on an annual basis.
• B) Interview people to determine their willingness and ability to work and their average income.
• C) Construct an index of the growth rate of real income to measure the growth of the economy.
• D) Find out what people buy and then survey how the prices of these items change.

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Definitions:

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The illicit application of a trademark or service mark to products and/or services without permission, in a way that may lead to confusion, deceit, or error regarding the origin of those goods and/or services.

Efficient Shoppers

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Lanham Act

United States federal legislation that governs trademarks, service marks, and unfair competition.