What are the four main ways in which the CPI is an upward-biased measure of the price level? The four main ways in which the CPI is an upward-biased measure of the price level are through . A. the new goods bias, the quality change bias, the commodity substitution bias, and the outlet substitution bias B. sales taxes, subsidies, quotas, and vouchers C. differences in wholesale and retail prices, differences in domestic and international prices, differences among various supply chain costs, and differences among wage rates in different states D. the intermediate goods bias, the bricks-and-mortar bias, the online bias, and the quality change bias Choose the correct statement. A. When the quality of a good improves over time, the CPI does not include the portion of the price rise attributable to the higher quality in its calculation. B. When confronted with higher prices comma people use discount stores more frequently and convenience stores less frequently comma but the CPI does not monitor this outlet substitution. C. The CPI calculation assumes that everyone shops at discount stores and no one shops at convenience stores.