Question
suppose that people consume only three goods: tennis balls, golf balls, bottle of Gatorade. If a bottle of Gatorade increase in size this year, should
suppose that people consume only three goods: tennis balls, golf balls, bottle of Gatorade. If a bottle of Gatorade increase in size this year, should that information affect the calculation of inflation rate (increase / decrease)? And if Gatorade introduces new flavor this year?
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The Great Convergence Information Technology And The New Globalization
Authors: Richard Baldwin
1st Edition
067466048X, 9780674660489
