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In 1996,an Advisory Commission,appointed by the Senate Finance Committee,estimated That,due

Question 49

Multiple Choice

In 1996,an advisory commission,appointed by the Senate Finance Committee,estimated that,due to certain distortions,the CPI overstates inflation by

A) .5 percentage points per year.
B) 2.0 percentage points per year.
C) 1.1 percentage points per year.
D) .25 percentage points per year.

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