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This text examines the foundations of consumer price indexes, and the strengths and weaknesses of the cost-of-living index. It highlights the issue of whether a cost-of-living framework should be used in constructing the US consumer price index.National Research Council Staff is the author of 'At What Price? Conceptualizing and Measuring Cost-Of-Living and Price Indexes' with ISBN 9780309074421 and ISBN 0309074428.
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