Why does the CPI tend to overstate inflation if the quality of goods and services is rising

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Why does the CPI tend to overstate inflation if the quality of goods and services is rising over time?

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Exploring Macroeconomics

ISBN: 9781285859446

7th Edition

Authors: Robert L. Sexton

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Question Posted: Nov 01, 2024 04:00 AM

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Why does the CPI tend to overstate inflation if the quality of goods and services is rising over time?
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Why does the CPI tend to overstate inflation if the quality of goods and services is rising over time?
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Why does the CPI tend to overstate inflation if the quality of goods and services is rising

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Exploring Macroeconomics

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