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According to the article What is the PCE price index?, the Federal Reserve prefers the PCE price index because: a. It is a more accurate

According to the article "What is the PCE price index?", the Federal Reserve prefers the PCE price index because:

a.

It is a more accurate measure of price inflation than the CPI

b.

It measures the entire "market basket" of consumption

c.

It captures the switch from higher-cost to lower-cost goods

d.

Each of these answers is correct

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