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k9ikiki k9ikiki
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5 years ago
When the price of broccoli increase relative to cauliflower, people who buy fresh vegetables respond by buying more cauliflower and fewer broccoli. As a result, the CPI has
A) a new goods bias.
B) a quality change bias.
C) a commodity substitution bias.
D) an outlet substitution bias.
E) a new price bias.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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nadiianadiia
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#1
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5 years ago
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k9ikiki Author
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#2
5 years ago
Just confirmed the same answer from my friend, thanks
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