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Brief Principles of Macroeconomics...

8th Edition
N. Gregory Mankiw
Publisher: Cengage Learning
ISBN: 9781337091985
BuyFind

Brief Principles of Macroeconomics...

8th Edition
N. Gregory Mankiw
Publisher: Cengage Learning
ISBN: 9781337091985

Solutions

Chapter
Section
Chapter 6, Problem 6PA
Textbook Problem

Which of the problems in the construction of the CPI might be illustrated by each of the following situations? Explain.

a. the invention of cell phones

b. the introduction of air bags in cars

c. increased personal computer purchases in response to a decline in their price

d. more scoops of raisins in each package of Raisin Bran

e. greater use of fuel-efficient cars after gasoline prices increase

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