Why does the U.S. Bureau of Labor Statistics evaluate the CPI's "market basket"?
A) to ensure that it reflects current trends in the production of goods and services
B) to ensure that it reflects current consumer spending habits
C) to ensure that it reflects current wholesale spending habits
D) to ensure that it reflects current consumer demand
E) to ensure that it reflects current wholesale resource costs
B
Explanation: B) The Bureau of Labor Statistics evaluates the market basket as a way to track spending habits of many different families and thus get a better idea of what people are spending money on. This helps determine how the economy is doing and how inflation rates are affecting spending habits in specific areas of the economy.
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When a will is burned, torn, cancelled, or obliterated, the will is revoked.
a. true b. false
Which of the following is true about industrial buying decisions?
A) They are purely rational. B) They are purely emotional. C) They service both the organization's and the individual's needs. D) Top executives are never insecure about buying products. E) Individual needs legitimate the buying process and its outcomes.