Author Question: Which of the following does not lead to the CPI underestimating increases in prices? a. The ... (Read 135 times)

formula1

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Which of the following does not lead to the CPI underestimating increases in prices?
 a. The substitution bias
  b. The quality bias
 c. The new outlet bias
 d. The housing bias

Question 2

Which of the following biases the CPI to underestimate increases in prices?
 a. The substitution bias
  b. The quality bias
 c. The new outlet bias
 d. None of the above



1_Step_At_ATime

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Answer to Question 1

d

Answer to Question 2

d



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