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The CPI basket is built from a survey of about how many households?

A7,000
B70,000
C17,000
D80,000
Answer & Solution
Correct answer: A. 7,000
1. It is the Consumer Expenditure Survey. 2. About 7,000 households take part. 3. The basket holds about 80,000 products. _Source: OpenStax Principles of Macroeconomics for AP Courses 2e, Chapter 8, Inflation (CC BY 4.0)._
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