Choose the statement that is correct. A. the bias in the CPI decreases government outlays B....

Choose the statement that is correct.

A. the bias in the CPI decreases government outlays

B. Close to a third of federal government outlays are linked directly to the CPI

C. The bias in the CPI gives workers with wage contracts linked to the CPI less real income than the firm intended

D. The main source of bias in the CPI arises from frequently updating the CPI market basket

Expert Solution

Answer option c)The bias in the CPI gives workers with wage contracts linked to the CPI less real income than the firm intended

This statement is correct that The bias in the CPI gives workers with wage contracts linked to the CPI less real income than the firm intended

Rahul Sunny answered 2 years ago

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