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Which index tends to overstate price changes according to the text?
What does CPI measure according to the text?
What is a key difference between GDP and CPI as described in the text?
Which index uses base-period quantities for calculation according to the text?
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What is a characteristic of Paasche price index mentioned in the text?
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What does GDP measure according to the text?
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Why can GDP measure both total income and total expenditure simultaneously?
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What is the difference between Nominal GDP and Real GDP?
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How is GDP defined according to the text?
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What does Real GDP reflect?
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