The Price of Dishwashers Has Remained Relatively Constant While the Quality

question 8

Multiple Choice

The price of dishwashers has remained relatively constant while the quality of dishwashers has improved. The CPI

• A) is increased monthly to reflect the increased quality of dishwashers.
• B) should not take account of any quality changes because it is a price index not a quality index.
• C) has an upward bias if it is not adjusted to take account of the higher quality.
• D) has an upward bias because it does not reflect the increased production of dishwashers.
• E) is adjusted monthly to reflect the improvement in quality.

---

Definitions:

PLC

A Programmable Logic Controller is a ruggedized digital computer used for the automation of various electromechanical processes, such as control of machinery on factory assembly lines.

Programming Device

A tool or equipment used to program the firmware or software of electronic devices, often used in manufacturing, development, or maintenance.

Unions

Organizations formed by workers to represent their interests, negotiate with employers over wages, benefits, and working conditions, and advocate for workers' rights.

Europe

A continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere, comprising numerous countries, cultures, and languages.