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Tidy Tidy
wrote...
Posts: 4852
9 years ago
What is outlet bias?
A) the tendency for households to spend more money over time
B) the tendency for households to spend their money at discount stores as prices rise
C) the tendency for the quality of products to improve over time even though the CPI does not measure changes in quality
D) the tendency for consumers to purchase newer, more technologically advanced products even though they have higher prices
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 666 times
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Chimelo46Chimelo46
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Posts: 5641
8 years ago
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8 years ago
The textbook reference in your signature really helped me narrow it down.

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