Click on the part of the graph that best illustrates the largest upward bias of traditional...

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Click on the part of the graph that best illustrates the largest upward bias of traditional CPI. Click or tap the appropriate place in the image. Consumer 150 price index 145 140 135 130 125 120 115 110 105 100 2000 2002 2004 Traditional CPI New chained CPI 2006 2008 2010 2012 2014 v 2016 2018 Click on the part of the graph that best illustrates the largest upward bias of traditional CPI. Click or tap the appropriate place in the image. Consumer 150 price index 145 140 135 130 125 120 115 110 105 100 2000 2002 2004 Traditional CPI New chained CPI 2006 2008 2010 2012 2014 v 2016 2018

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When an estimate is upwardly biased it is calculated at a higher ... View the full answer