The CPIC

question 6

Multiple Choice

The CPIC

• A)does not overcome the source of bias in the CPI.
• B)overcomes the sources of bias in the CPI by eliminating measures of the goods and services with the most volatile prices.
• C)overcomes the sources of bias in the CPI by incorporating substitutions and using current and previous period quantities.
• D)overcomes the sources of bias in the CPI by giving extra weight to the measures of the goods and services with the most volatile prices.
• E)overcomes the sources of bias in the CPI by always using discount store prices.

---

Definitions:

Flavor Preferences

The learned tendency to prefer certain tastes over others, which can be influenced by various factors including nutritional needs, exposure, and cultural practices.

Instinctive Drift

The inclination of an animal to return to natural instinctual actions that disrupt a learned behavior.

Operant Behavior

A type of behavior that is controlled by the consequences that follow it, such as rewards or punishments.

Reinforcement

In behaviorism, any event that strengthens or increases the likelihood of a behavior by providing a consequence an individual finds rewarding.