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Introduced in the House as H.R. 9567 by Edith Green (D–OR); Passed the House on August 26, 1965 (); Passed the Senate on September 2, 1965 (); Reported by the joint conference committee on October 20, 1965; agreed to by the House on October 20, 1965 () and by the Senate on October 20, 1965 (passed)
A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values. A problem with a cost overrun can be avoided with a credible, reliable, and accurate cost estimate.
The FBI (CCI), the producer price index, and employment cost index (ECI) are examples of narrow price indices used to measure price inflation in particular sectors of the economy. Core inflation is a measure of inflation for a subset of consumer prices that excludes food and energy prices, which rise and fall more than other prices in the short ...
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