Question: What is the first step in constructing a price index? Question 10Select one: Sample prices of items in stores across the country. Divide the cost

What is the first step in constructing a price index? Question 10Select one: Sample prices of items in stores across the country. Divide the cost of every market basket by the base-year market basket cost. Select commonly purchased goods and services. Find the average price of each item in the market basket

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