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 invention of the iPod
b. The introduction of air bags in cars
c. Increased personal computer purchases in response to a decline in their price
d. More scoops of raisins in each package of Raisin Bran
e. Greater use of fuel-efficient cars after gasoline prices increase

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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