To Which of the Problems in the Construction of the CPI

question 88

Multiple Choice

To which of the problems in the construction of the CPI is the invention of pocket-sized computers most relevant?

• A)substitution bias
• B)introduction of new goods
• C)unmeasured quality change
• D)income bias

---

Definitions:

Square Root

An amount which yields the initial number when squared.

Square Inches

A unit of area measurement for two-dimensional space, equivalent to the area of a square with sides of one inch.

Domain

The set of all possible input values for which a given function is defined.

Function

A mapping from a set of inputs to a set of acceptable outputs, where each input is allocated to a sole output.