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Aneli [31]
3 years ago
5

Changes in the quality of a good a. present a problem in the construction of the consumer price index, and that problem is somet

imes referred to as substitution bias. b. do not present a problem in the construction of the consumer price index. c. can lead to either an increase or a decrease in the value of a dollar. d. are not accounted for, as a matter of policy, by the Bureau of Labor Statistics.
Business
1 answer:
Agata [3.3K]3 years ago
8 0

Answer:

D

Explanation:

The consumer price index measures the changes in price of a basket of good. It is used to measure inflation. Because the price of price of used cars and trucks in US has increased , the CPI would increase

CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100

Changes in the quality of good is not included in the calculation of CPI. This is one of its drawbacks

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Marianna [84]

Answer:

The correct answer will be "Expatriate".

Explanation:

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5 0
3 years ago
Citibank need to borrow $1 million for 6 months starting in 2 years. Citibank is concerned about the interest rate would like to
Shkiper50 [21]

Answer:

"$ 15,000" is the correct solution.

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3 years ago
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Dmitrij [34]

Answer: (B) Manufacturer agent

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