In Country Z,the prices of goods are measured on an annual basis on the last day of the year.In Country Y,the prices of goods are measured on a weekly basis every Wednesday.Comparing the two countries based on this information,
A) Country Y more accurately combats the upward bias of its price index by using a chained index.
B) Country Z more accurately combats the upward bias of its price index by using a chained index.
C) Country Z will experience hyperinflation.
D) Country Y will experience hyperinflation.
E) neither country has a very good price index if consumer purchasing habits change; a chained index usually outperforms a traditional index.

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The Answer of In Country Z,the prices of goods are measured on an annual basis on the last day of the year.In Country Y,the prices of goods are measured on a weekly basis every Wednesday.Comparing the two countries based on this information,
A) Country Y more accurately combats the upward bias of its price index by using a chained index.
B) Country Z more accurately combats the upward bias of its price index by using a chained index.
C) Country Z will experience hyperinflation.
D) Country Y will experience hyperinflation.
E) neither country has a very good price index if consumer purchasing habits change; a chained index usually outperforms a traditional index.

In Country Z,the Prices of Goods Are Measured on an Annual