Examlex
The base period for CPI calculations is generally 1982-84.In 2005,50% of households accessed the Internet through a broadband connection that would not have existed in the 1980s.This potential for bias in the CPI is referred to as ________ bias and results in ________.
Capital Account
A national account that records the transactions involving international transfer of capital, such as foreign direct investments and portfolio investments.
Balance of Goods
The difference in value between a country's imports and exports of physical products.
Tangible Products
Physical items that can be seen, touched, and used, as opposed to services or digital products.
Intangible Products
Non-physical goods or services such as intellectual property, consulting, and insurance, that cannot be seen, touched, or physically measured.
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