单选题
Keith Keeley, an associate at Friedman, Harris, and Levinsky LLC, was
requested by a Managing Director of the firm to help construct the consumer
price index (CPI). Keeley sought to determine which goods and services to
include in the index by observing what a typical U. S. household purchases. He
then took a large survey of individuals to determine what percentage of their
disposable income they spend on each of the items and used these percentages as
the weights for the major categories in the CPI. The steps that Keeley undertook
are all part of which stage in constructing the CPI index?
- A. Select the CPI basket.
- B. Calculate the CPI.
- C. Conduct the monthly price survey.