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Consumer Price Index: More Frequent Updating of Market Basket Expenditure Weights Is Needed
Consumer Price Index: More Frequent Updating of Market Basket Expenditure Weights Is Needed
 
Our Price: $20.00
Year: 1997
Pages: 72
Binding Paperback

Product Code: 0788172077

Description
 
Kathleen K. Scholl. Examines certain questions surrounding the issue of more frequent revision of the “market basket,” the fixed amount of goods & services that people buy for daily living, which is tracked by the Consumer Price Index (CPI). This report focuses on the market basket’s expenditure weights & whether they could be updated between major revisions to the CPI. The principal task in an update would be to change -- make more current -- the expenditure weights that had been determined during the last major CPI revision. Charts & tables.

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