Which agency calculates the CPI?
ATreasury Department
BBureau of Labor Statistics
CFederal Reserve Board
DBureau of Economic Analysis
Answer & Solution
Correct answer: B. Bureau of Labor Statistics
1. It surveys about 7,000 households.
2. The Bureau of Labor Statistics computes the CPI.
3. The GDP deflator comes from the Bureau of Economic Analysis.
_Source: OpenStax Principles of Macroeconomics for AP Courses 2e, Chapter 8, Inflation (CC BY 4.0)._
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