What are the criticisms of the cpi as it is now calculated

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(Problems with the CPI)The importance of the bias in the U.S. consumer price index is reviewed in an article in the June 1997 issue of Finance and Development from the International Monetary Fund at https://www.imf.org/external/ pubs/ft/fandd/1997/06/pdf/armknech.pdf.Tao Wu of the Federal Reserve Bank of San Francisco discusses current issues with the calculation of the consumer price index at https://www.frbsf.org/publications/economics/letter/ 2003/el2003-24.html.What are the criticisms of the CPI as it is now calculated?

Reference no: EM131228116

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