Economics 9708 · AS & A Level · Balance of payments

Balance of payments — practice question

Which changes are most likely to make the consumer prices index (CPI) a less accurate measure of inflation?

  • AA larger sample is used in the household spending survey.
  • BTechnology makes it easier for retailers to submit accurate monthly price data.
  • CHouseholds change their spending habits.
  • DThe weightings attached to the basket of goods are reviewed more often.

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