DVD writers allow people to record TV shows in a high quality format. They entered the market in 2002 at a price of $1000. By 2003 they were under $500. By the time they had become part of the CPI market basket they are likely to be less than $250. Economists will argue that this type of issue

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The rapid decrease in prices of new technology like DVD writers, which is not immediately reflected in the Consumer Price Index (CPI) due to the way the market basket is updated, can lead to the CPI overstating the rate of inflation. This is because the CPI may not quickly account for the lower prices consumers are paying for these goods.

DVD Writers Allow People to Record TV Shows in a High