Recall the Application About the Time Involved in Including Cell

question 110

Multiple Choice

Recall the Application about the time involved in including cell phones in the calculation of the CPI to answer the following question(s) .
-According to the Application, as new products are constantly invented and introduced on the market,

• A) the bias in the CPI can be large.
• B) the bias in the CPI tends to become smaller.
• C) the bias in the CPI will eventually disappear.
• D) the bias in the CPI will remain virtually unchanged.

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