Question: Which statement is true about biases in CPI calculations? Select the best answer. Answer 2 Points Keypad Keyboard Shortcu Changes in the price of goods
Which statement is true about biases in CPI calculations? Select the best answer. Answer 2 Points Keypad Keyboard Shortcu Changes in the price of goods and services usually do not influence the content of the basket of goods and services used to calculate inflation. There are currently no measures implemented to overcome the quality/new goods bias in CPI calculations. The quality/new goods bias assumes that the arrival of new products in the market does not influence the O consumers' standard of living
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