Which of the problems in the construction of the CPI might be illustrated by each of the
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Which of the problems in the construction of the CPI might be illustrated by each of the following situations? Explain.
a. The increase in streaming films.
b. The introduction of air bags in cars.
c. Increased personal computer purchases in response to a decline in their price.
d. Increased use of digital cameras in smartphones.
e. Reduced use of fuel-efficient cars after fuel prices fall.
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