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Author Question: Which of the following does not lead to the CPI underestimating increases in prices? a. The ... (Read 325 times)

formula1

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on: Jun 30, 2018
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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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


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