The CPI for "All Items" was 250.546 in April 2018, and 255.548 in April 2019. Over this period, the rate of inflation as measured by the rate of change of the CPI was . True or False: When one calculates a single rate of inflation using the CPI for "All Items," it means that all categories of goods and services experienced the same rate of price change over that period.
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The CPI for "All Items" was 250.546 in April 2018, and 255.548 in April 2019. Over this period, the...
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