The biases in the CPI are
A. not important since they are so small.
B. important only to economists, not the real world.
C. important since they effect nearly 1/3 of federal government spending.
D. not important although they are large.
Answer:C
The biases in the CPI are
A. not important since they are so small. B. important only to economists, not the real world. C. important since they effect nearly 1/3 of federal government spending. D. not important although they are large.