The Consumer Price Index (CPI) differs from a chain-weighted price index in that the CPI
A) compares the prices of all goods in one year to the prices of all goods in other years.
B) measures the costs of a typical fixed basket of goods over time, while the chain-weighted index does not.
C) requires calculation of GDP, while the chain-weighted index does not.
D) allows for the goods consumed in an economy to change over time, while the chain-weighted index does not.
B
Economics
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Since the National Basketball Association is the only significant employer of professional basketball players, it might be referred to as a(n)
A) oligopsony. B) monopoly. C) monopsony. D) oligopolist.
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India lags China in the development of a large manufacturing sector
Indicate whether the statement is true or false
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