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    Principles of Macroeconomics
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    Exam 6: Measuring the Cost of Living
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    Which Problem in the Construction of the CPI Is the Invention
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Which Problem in the Construction of the CPI Is the Invention

Question 53

Question 53

Multiple Choice

Which problem in the construction of the CPI is the invention of wi-fi most relevant to?


A) substitution bias
B) introduction of new goods
C) unmeasured quality change
D) income bias

Correct Answer:

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