When expensive new products like the iPad are introduced, the CPI increases.

Name: When expensive new products like the iPad are introduced, the CPI increases.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The Consumer Price Index (CPI) measures the average change in prices over time for a basket of goods and services. The introduction of a new product like the iPad does not directly increase the CPI unless it significantly affects the prices of goods and services already included in the CPI basket.

When Expensive New Products Like the IPad Are Introduced, the CPI