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The market basket used to calculate the CPI is revised monthly to more accurately depict consumers' choices. The price data for the CPI are collected every month." Are the previous sentences true or false?
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The market basket used to calculate the CPI is revised monthly to more accurately depict consumers' choices. The price data for the CPI are collected every month." Are the previous sentences true or false?

User Petro Popelyshko
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5 votes

Answer:

False

Step-by-step explanation:

approximately every ten years

CPI revises the quantities of items consumed in its basket of goods and services approximately every ten years

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User Hassan Sardar
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