Why might these CPI numbers be biased? How can alternative price indexes avoid this bias? Statistics Canada
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Why might these CPI numbers be biased? How can alternative price indexes avoid this bias?
Statistics Canada reported the following CPI data:
June 2008 217.3
June 2009 214.6
June 2010 216.9
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Solution From above it is because of the substitution bias tha...View the full answer
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Related Book For 
Microeconomics Canada In The Global Environment
ISBN: 9780321931184
9th Edition
Authors: Robin Bade, Michael Parkin
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