Business, 03.09.2019 22:20 lyssamichelle
Suppose manufacturers introduce a new model car to replace a car currently included in the cpi basket. the price of the new car is 10 percent higher than the discontinued model, but the new car has additional safety features and amenities. in this situation the cpi will tend to inflation as a result of bias. a. overstate; substitutionb. understate; quality adjustmentc. accurately measure; substitutiond. overstate; quality adjustment
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Suppose manufacturers introduce a new model car to replace a car currently included in the cpi baske...
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