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In 1986, an Apple IIe Computer with 65 Kilobytes of Memory

Question 40

Multiple Choice

In 1986, an Apple IIe computer with 65 kilobytes of memory cost around $1 500. Today, a $1 500 iMac computer (also made by Apple) comes with 8 gigabytes of memory. This illustrates the potential for what kind of bias in CPI calculations?


A) new product bias
B) substitution bias
C) increase in quality bias
D) outlet bias

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