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Which measure or measures of inflation should be used in the following scenarios and why? a. You're a buyer at an auto factory that is

Which measure or measures of inflation should be used in the following scenarios and why?

a. You're a buyer at an auto factory that is facing rising input costs. Your manager asks you to determine if your competitors are also experiencing rising input prices.

b. A teacher's union wants to include annual cost-of-living adjustments in their next contract.

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