Birdwatch Note Rating
2024-02-26 07:38:22 UTC - HELPFUL
Rated by Participant: BB53A9139C19DCA6551F98DF2A91A6E6BDC399D776C390D227DC58FD906703F1
Participant Details
Original Note:
Both Krugman's statistic and the CPI as a whole are based on a basket of goods that can vary depending on households' responses to the Consumer Expenditure Survey. Krugman's statistic is just a component of the CPI and there is no difference in the measurement approach. https://www.bls.gov/cpi/tables/relative-importance/home.htm https://www.bls.gov/cpi/questions-and-answers.htm https://www.bls.gov/opub/hom/cpi/calculation.htm#index-calculation
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