In an Attempt to Separate the Quality Changes from Price

question 80

Multiple Choice

In an attempt to separate the quality changes from price changes of a product over time, the BLS does a:

• A) hedonic quality adjustment by estimating what the price of the item would be without the improved features.
• B) hedonic quality adjustment by estimating the price of similar goods.
• C) qualitative price change by estimating the price of all possible brands of the items.
• D) qualitative market adjustment by estimating the price of the items in all markets.

---

Definitions:

Power Shifts

Changes in the distribution of power among individuals, groups, or nations.

Members of Parliament

Are elected or appointed officials in a parliamentary system who represent the citizens in the legislative process and are responsible for making laws and scrutinizing the government.

Legislative Assemblies

Deliberative bodies, often part of a government, invested with the authority to make, amend, or repeal laws.

Women

Female human beings, distinguished biologically and socially from male human beings.