Question+17+(Jae+Doh)

Question #17 (regular test)
a) increases, so the CPI overstates the change in the cost of living if the quality change is not accounted for. b) increases, so the CPI understates the change in the cost of living if the quality change is not accounted for. c) decreases, so the CPI overstates the change in the cost of living if the quality change is not accounted for. d) decreases, so the CPI understates the change in the cost of living if the quality change is not accounted for.
 * When the quality of a good improves, the purchasing power of the dollar**

The correct answer is **//A//** media type="file" key="econ....mov"