Most economists believe that the biases in the consumer price index cause the CPI to overstate the true inflation rate by about
A) one quarter percentage point. B) one to two percentage points.
C) one and one-half percentage points. D) one-half to one percentage point.
D
Economics
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By NOT taxing capital gains separately from ordinary income, what would happen to the government's stream of revenue?
What will be an ideal response?
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What does the circular flow model show?
(A) What inputs are required for what outputs. (B) How many firms can support the needs of how many households. (C) How profits are made. (D) The interactions between households and businesses in the free market.
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