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When the Price of Broccoli Increases Relative to Cauliflower, People

Question 39

Multiple Choice

When the price of broccoli increases relative to cauliflower, people who buy fresh vegetables respond by buying more cauliflower and less broccoli. As a result, the CPI has


A) a new price bias.
B) a new goods bias.
C) an outlet substitution bias.
D) a quality change bias.
E) a commodity substitution bias.

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