Author Question: Which of the following does not lead to the CPI underestimating increases in prices? a. The ... (Read 410 times)

formula1

  • Hero Member
  • *****
  • Posts: 666
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

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

d

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

For a complete list of videos, visit our video library