Multiple Choice
Three accuracy problems with the consumer price index (CPI) are
A) the income effect,substitution effect,and money illusion.
B) substitution,quality changes,and the money illusion.
C) price confusion,substitution,and quality changes.
D) substitution,quality changes,and the availability of new goods and services.
E) the availability of new goods and services,substitution,and traditional bundle bias.
Correct Answer:

Verified
Correct Answer:
Verified
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