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The Government's Use of a Statistical Technique Called Hedonics

Question 35

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The government's use of a statistical technique called hedonics


A) is intended to account for the changing quality of products when calculating price movements.
B) has been alleged by some people to cause the government-reported inflation rate to be lower than the true inflation rate.
C) has been criticized by some people as being too subjective.
D) All of the above are correct.

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