5. From the Bureau of Labor Statistics Web page (www.bls.gov/cpi), find the answers to the following questions:

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5. From the Bureau of Labor Statistics Web page

(www.bls.gov/cpi), find the answers to the following questions:

a. How is the CPI used?

b. How is the CPI market basket determined?

c. What goods and services does the CPI cover?

d. How are CPI prices collected and reviewed?

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Economics For Managers

ISBN: 9781292060095

3rd Global Edition

Authors: Paul Farnham

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