The purpose of a chain-weighted price index is to account for:
A) the costs of purchasing wholesale products like chains and industrial goods.
B) the changes in the quantities of goods and services purchased over time.
C) linkages in price changes among industrialized countries.
D) none of the above
B
Economics
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a. Hispanics b. Female senior citizens c. Male senior citizens d. White teenagers e. Black teenagers
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For a ____, if incomes rise and prices do not change, quantity demanded will increase
a. normal good b. inferior good c. Giffen good d. substitute good
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