The Commodity Substitution Bias Is That

Multiple Choice

The commodity substitution bias is that

A) consumers substitute high-quality goods for low-quality goods.
B) government spending is a good substitute for investment expenditures.
C) national saving and foreign borrowing are interchangeable.
D) consumers decrease the quantity they buy of goods whose relative prices rise and increase the quantity of goods whose relative price falls.
E) consumers substitute more expensive goods for less expensive goods when technology advances.