Question

what is one limitation of the consumer price index (cpi)? it includes too many goods and services it doesnt account for every single item or changes in quality it only measures prices in one city it doesnt use real data

Explanation:

The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. One of its limitations is that it doesn't account for every single item or changes in quality. While it aims to be representative, it cannot include every possible good and service. Also, when the quality of a good or service changes (e.g., a new version of a product with more features), it can be difficult to accurately measure the impact on price in a way that fully reflects the value change.

Answer:

It doesn't account for every single item or changes in quality.