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Citizens in a given economy live by eating berries and pork and calculate inflation figures using the CPI with a fixed market basket over time.

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Citizens in a given economy live by eating berries and pork and calculate inflation figures using the CPI with a fixed market basket over time. When the price of pork rises, people there are likely to eat pork, though this won't be reflected in CPI measures, causing the inflation rate to look than it really is. O more; higher O more; lower O less; higher O less; lower

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