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Suppose That Over Time,consumers Used Discount Stores at an Increasing

Question 101

Multiple Choice

Suppose that over time,consumers used discount stores at an increasing rate,the CPI would tend to be


A) accurate
B) underestimated because consumers would buy goods and services at lower prices than those collected by the BLS
C) underestimated because consumers would buy goods and services at higher prices than those collected by the BLS
D) overestimated because consumers would buy goods and services at lower prices than those collected by the BLS
E) overestimated because consumers would buy goods and services at higher prices than those collected by the BLS

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