Business, 04.12.2019 01:31, lionscoachjose

Suppose that the cpi does indeed overstate the rate of inflation. when the cpi increases by 5%
and household incomes increase by 5%, we should conclude that the real incomes of
households:
a. increased.
b. stayed constant.
c. decreased.
d. increased more slowly than inflation.

Answers: 3

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Suppose that the cpi does indeed overstate the rate of inflation. when the cpi increases by 5%
...