By using the market basket approach:
A. it allows us to see how your cost of living is affected by the changing prices of different goods relative to how much of each good you buy.
B. we get a more accurate picture of the changing cost of living than by simply averaging the changing prices of goods listed in the market basket.
C. we get a clearer picture of the changing cost of living than by averaging the changing prices of all goods and services produced.
D. All of these statements are true.
Answer: D
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