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Which of the following would overstate the consumer price index?
A) Substitution bias.
B) Improving quality of products.
C) Neither answer a. nor b. is correct.
D) Both answers a. and b. are correct.
A) Substitution bias.
B) Improving quality of products.
C) Neither answer a. nor b. is correct.
D) Both answers a. and b. are correct.
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Economics for Today 9th Edition by Irvin Tucker
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