The CPI tends to overstate the true inflation rate because
A) the market basket fails to weigh housing costs sufficiently.
B) the market basket actually selected is inappropriate.
C) it fails to consider the effects of new products in the marketplace.
D) we cannot know what the true inflation rate is.
C
You might also like to view...
Which of the following is a characteristic of both Compstat and intelligence -led policing?
A) single jurisdiction B) threat driven C) analysis of offender MOs D) goal of prevention
How long after the crime will a show-up usually be considered invalid?
a. Five minutes after the crime b. Thirty minutes after the crime c. More than sixty minutes after the crime d. None of the above
The significant decline in female-on-male partner murder but not of male-on-female partner murder is attributed to:
a. The increase in women's education. b. Women's participation in the working world. c. The growth of women's shelters. d. There has been no such decline in these homicides.
William Sheldon, an American psychologist and physician, claimed that delinquency could be predicted by:
a. the shape of the skill. b. embryonic development. c. the presence of an XYY chromosome. d. hormonal imbalance.