What potential biases exist in calculating the CPI? What steps has the Bureau of Labor Statistics taken

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What potential biases exist in calculating the CPI? What steps has the Bureau of Labor Statistics taken to reduce the size of the biases?

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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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Question Posted: Nov 01, 2017 07:35 AM

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What potential biases exist in calculating the CPI? What steps has the Bureau of Labor Statistics taken

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The potential biases include substitution bias increase in quality bias new p...View the full answer

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