Multiple Choice
Michelle bought word-processing software in 2009 for $75.Michelle's cousin,Barry,bought an upgrade of the same software in 2010 for $75.To which problem in the construction of the CPI is this situation most relevant?
A) substitution bias
B) unmeasured quality change
C) introduction of new goods
D) income bias
Correct Answer:
Verified
Correct Answer:
Verified
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