Business, 27.10.2021 01:50, kenzie9493
Which of the following, if true, would illustrate why price indexes such as the CSPI might overstate inflation in the cost of going to college?
A. As the price of calculators rose, fewer students decided to buy them, opting instead to use the free calculators in their cell phones or on their computers.
B. A new mobile device for personal computing became available for purchase.
C. Energy drinks became increasingly popular on college campuses between 2017 and 2019 due to significant improvements in flavor, but this quality change is hard to measure.
D. Professors required each student to buy 10 textbooks, regardless of the price.
Answers: 2
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Which of the following, if true, would illustrate why price indexes such as the CSPI might overstate...
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