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Alternative measures of the price level aim to improve on the CPI. Which of the following statements istrue? A. TheCPI, C-CPI, and the PCEPI do
Alternative measures of the price level aim to improve on the CPI. Which of the following statements istrue?
A.
TheCPI, C-CPI, and the PCEPI do not move together.
B.
The PCEPI excluding food and energy fluctuates more than the PCEPI and the CPI.
C.
The PCEPI uses current quantities so it avoids the sources of bias in the CPI.
D.
The CPI and theC-CPI can be used to measure inflation. The PCEPI cannot be used to measure inflation.
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