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 and small-sample biases. Market baskets are typically used to measure this quantity, (-5[1])whose core form excludes food and energy. For 10 points, (10[1])name this quantity, measured by the CPI, which means (-5[1])that a given amount of money buys less goods. ■END■ (10[2])

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
Jim FanUNC BUNC A86-5
Jeffrey AustinUNC CUSC B9610
Aditya SharmaDuke AUSC A105-5
Robert FreemanUSC ADuke A11510
Vedang SinghalUNC AUNC B11510

Summary

2023 Penn Bowl @ Waterloo10/28/2023Y475%0%25%82.67
2023 Penn Bowl @ FSU10/28/2023Y2100%0%0%82.50
2023 Penn Bowl (Norcal)10/28/2023Y2100%0%50%99.50
2023 Penn Bowl (South Central)10/28/2023Y3100%0%0%81.67
2023 Penn Bowl (UK)10/28/2023Y5100%0%0%83.60
2023 Penn Bowl @ UNC10/28/2023Y3100%0%67%108.67