Answer:
The correct answer is: overstate
Explanation:
The substitution bias in economic index numbers appears when the possibility of a consumer to change the consumption of a good - that has become more expensive relative to others - for a cheaper one, is ignored. Thus, looking at the CPI (Consumer Price Index), as an indicator of how much the consumer cost of living has raised over time, without eliminating the substitution bias, can over-estimate this inflation effect.
<span>This story in Genesis 19</span>
The IT revolution has affected people in Bangalore India both positively and negatively. It has provided people with jobs. The disadvantage is that it has also turned Bangalore into a major city in the world with increased pollution, traffic jams, and soaring rents. The Indian government is building better infrastructure to accommodate the increasing amount of call centres and IT companies that are opening in the city. This has created jobs for security guards, IT professionals, call centre agents, construction workers and domestic worker.
Europe<span> and </span>Asia<span>.!!!!!!</span>
