Which of following is NOT a problem in measuring price level with CPI?
a. The quality of goods and service change over time.
b. New goods and services are introduced.
c. Some goods and services become obsolete.
d. The relative demands of goods change over time.
e. None of above.
a. The quality of goods and service change over time.
b. New goods and services are introduced.
c. Some goods and services become obsolete.
d. The relative demands of goods change over time.
e. None of above.