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11. The consumer price index is a measure of: a. the average selling price of all products in the economy. b. the average price of

11. The consumer price index is a measure of:

a. the average selling price of all products in the economy.

b. the average price of goods and services that have increased in price over a given period.

c. the change in price of a basket of goods typically purchased by a household over time.

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