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12-05-2022
Mathematics

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When CPI data is collected, what does the index value represent?

Respuesta :

2021a0042 2021a0042

12-05-2022

Answer:

When CPI data is collected, what does the index value represent. Prices used to compute CPI are collected during the entire month, and that data is published monthly. So, the index value represents an estimate of the price level for the month as a whole, rather than a specific date.

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