Some economists argue that Inflation numbers calculated by CPI are not accurate especially during the pandemic. Explain

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Some economists argue that Inflation numbers calculated by CPI are not accurate especially during the pandemic. Explain why do they believe inflation numbers are not that accurate during pandemic?

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Principles of Economics

ISBN: 978-1285064437

7th edition

Authors: Fred M. Gottheil

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Posted Date: Apr 18, 2021 03:30 PM

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Some economists argue that Inflation numbers calculated by CPI are not accurate especially during the pandemic. Explain

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Inflation is taken to be the rise in the normal price level Prices of many services and goods must g... View the full answer

Principles of Economics

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