Multiple Choice
Recall the Application about the time involved in including cell phones in the calculation of the CPI to answer the following question(s) .
-According to this Application, the bias in the CPI would be ________ if new goods are ________ incorporated in CPI calculations.
A) smaller; quickly
B) greater; immediately
C) smaller; slowly
D) negligible; slowly
Correct Answer:

Verified
Correct Answer:
Verified
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