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Explain why the cpi will not fit each of the given people

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Reference no: EM131638668

Question: The CPI doesn't fit me. The CPI may not measure your personal experience with changing prices. Explain why the CPI will not fit each of these people:

(a) Marcia lives on a cattle ranch in Montana.

(b) Jim heats his home with a wood stove and does not have air-conditioning.

(c) Luis and Maria were in a serious auto accident and spent much of last year in a rehabilitation center.

Reference no: EM131638668

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