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One Major Source of Difficulty in Measuring Inflation Arises Because

Question 171

Multiple Choice

One major source of difficulty in measuring inflation arises because


A) prices of newly-introduced products typically are held constant after the introductory period.
B) BLS employees can obtain only hedonic prices from retailers.
C) improvements in product quality are usually associated with increased prices.
D) the BLS currently can afford to update its market basket only once every ten years.

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