Most cell phones today are more than cell phones-they are mini-computers on which you check your e-mail

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Most "cell phones" today are more than cell phones-they are mini-computers on which you check your e-mail and surf the Web. Suppose the BLS treated them as old-fashioned cell phones. How would this cause a bias in the CPI?
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Macroeconomics Principles Applications and Tools

ISBN: 978-0134420684

9th edition

Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez

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