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Changes in the quality of a good a. do not present a problem in the construction of the consumer price index. b. present a problem
Changes in the quality of a good
a. do not present a problem in the construction of the consumer price index.
b. present a problem in the construction of the consumer price index, and that problem is sometimes referred to as substitution bias.
c.are not accounted for, as a matter of policy, by the Bureau of Labor Statistics.
d. can lead to either an increase or a decrease in the value o fa dollar
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