Which of the Following Are Considered Sources of Bias in the CPI

question 22

Multiple Choice

Which of the following are considered sources of bias in the CPI?

• A) Prices changing too rapidly;substitution,new technologies;and quality changes.
• B) Prices changing too rapidly;substitution;quality changes;and growth in discounting.
• C) Quality changes;new technologies;prices changing too rapidly;and growth in discounting.
• D) Substitution;new technologies;prices changing too rapidly;and growth in discounting.
• E) Quality changes;new technologies;substitution;and growth in discounting.

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Definitions:

Overhead Applied

The amount of overhead cost assigned to a particular cost object, using a predetermined rate, regardless of the actual overhead incurred.