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The market basket is _____________. a. another term for the CPI. b. a term used to define consumers in a given market. c. a representative collection of goods and services. d. a continuous rise in the price of goods or services combined with the reduced value of money.
Weegy: The market basket is a term used to define consumers in a given market. (More)
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Updated 10/31/2013 7:34:19 AM
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The market basket is c. a representative collection of goods and services, used specifically to track the progress of inflation in an economy or specific market.
Added 10/31/2013 7:34:19 AM
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