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Government statisticians at the u.s. bureau of labor statistics calculate the cpi based on the prices in a _______________ that represents the purchases of __________________.

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Government statisticians at the u.s. bureau of labor statistics calculate the cpi based on the prices in a fixed basket of goods and services that represents the purchases of the average family of two.

Any category or subcategory of exceptions, thresholds, baskets, or other provisions in this Agreement that are based on a fixed dollar amount and/or percentage of consolidated adjusted EBITDA or consolidated total assets as of any date of determination (including in Article VI and the fixed incremental amount and clause (b) or any subclause therein of the definition of "Incremental Cap") or that are otherwise not incidence-based baskets are referred to as fixed baskets.

Despite significant drawbacks (such as the inability to completely capture quality change impacts from newly entering or exiting products), government statistical agencies currently build estimates of aggregate price inflation using matched-model approaches in almost all developed countries. Fixed Basket Indexes, Laspeyres, Paasche, and Fisher Both the BLS and the BEA explicitly employ the fixed basket method of gauging price fluctuations.

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