In 1986,an Apple IIe Computer with 65 Kilobytes of Memory

question 94

Multiple Choice

In 1986,an Apple IIe computer with 65 kilobytes of memory cost around $1500.Today,a $1500 iMac computer (also made by Apple) comes with 4 gigabytes of memory.This illustrates the potential for what kind of bias in CPI calculations?

• A) New product bias.
• B) Increase in quality bias.
• C) Substitution bias.
• D) Outlet bias.

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