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Which of the following was a way for the Bureau of Labor Statistics to reduce the quality/new good bias in its calculation of the CPI?
Which of the following was a way for the Bureau of Labor Statistics to reduce the quality/new good bias in its calculation of the CPI? Group of answer choices Remove energy and food prices. Allow for some substitution amongst products. Update the list of products included in the CPI more often and rapidly. Automatically reduce the inflation by 0.5% to account for quality/new good bias
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