Of the alternative measures of the price level, _________ overcomes the bias of the CPI and is
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Of the alternative measures of the price level, _________ overcomes the bias of the CPI and is a better measure of the cost of living because it _________.
A. GDP price index; uses a current basket
B. PCEPI; uses a current basket of all consumption goods
C. PCEPI excluding food and energy; is less volatile
D. GDP price index; includes all goods and services bought by Americans
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