Question

William Fleetwood’s attempt to measure this quantity in Chronicon Preciosum emerged out of a dispute about the fellowship rules of Oxford. Alberto Cavallo and Roberto Rigodon formed an MIT database used to publish a “Verdadera” number named for this quantity. A method named for Laspeyres produces higher estimates of this quantity than one named for Paasche. The Simpson-Bowles commission suggested using a (*) “chained” form of a process used to measure this quantity to reduce substitution (10[1])and small-sample biases. Market baskets and the GDP deflator are typically used to measure (10[1])this quantity, whose core form excludes food and energy. For 10 points, name this quantity, measured by the CPI, which means that a given amount of money buys less goods. ■END■ (10[1]0[1])

ANSWER: inflation rate [accept change in prices; or price change; or price index]
<Benjamin McAvoy-Bickford, Social Science>
= Average correct buzz position

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Buzzes

PlayerTeamOpponentBuzz PositionValue
Peter BerggrenMITHarvard7410
Riley DanielTuftsBoston College8810
Mason YuBrownBrandeis11910
Jack GranahanBrandeisBrown1190

Summary

2023 Penn Bowl (Harvard)10/21/2023Y3100%0%0%93.67
2023 Penn Bowl (Mainsite)10/21/2023Y7100%0%14%89.14