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The CPI for 2008 Is Computed by Dividing the Price

question 6

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The CPI for 2008 is computed by dividing the price of the basket of goods and services in 2008 by the price of the basket of goods and services in the base year, then multiplying by 100.


Definitions:

Office Of Immigration Statistics

A government entity responsible for collecting, analyzing, and disseminating statistical data and reports on immigration including the movements and characteristics of migrants.

Legal Permanent Residents

Individuals who have been granted the right to live indefinitely within a country other than their native one, without being its citizen.

Permanent Legal Residents

Individuals who have been granted the right to live indefinitely within a country but are not citizens of that country.

Migration Costs

expenses incurred by individuals or families when moving from one location to another, which may include transportation, housing, and administrative costs.

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