Question:

9. Improvements in the quality of consumer goods and services over time ...

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10. Which of the following factors do NOT cause the CPI to exaggerate inflation rate?

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Which of the following factors do NOT cause the CPI to exaggerate inflation rate? O political pressure from unions and retirees on the providers of a country's official statistics to overstate the inflation rate. O the introduction of new technologies that make it easier to obtain the same standard of living O the tendency of consumers to substitute relatively cheaper goods for those that have become relatively more expensive. O improvements over time on the quality of products.Improvements in the quality of consumer goods and services over time cause the CPI to overstate actual inflation. are accounted for in the CPI. O are insignificant and thus would not affect the CPI even if accounted for. cause the CPI to understate actual inflation