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Quality Changes

Question 6

Multiple Choice

Quality changes:


A) are easily accounted for in the consumer price index (CPI) .
B) are always included in the CPI.
C) are included in the gross domestic product (GDP) deflator but not the CPI.
D) are generally included in both the CPI and the GDP deflator.
E) are at least partially adjusted for in the CPI.

Correct Answer:

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