All of the following can create a bias in the CPI EXCEPT the

A) new goods bias.
B) outlet substitution bias.
C) commodity substitution bias.
D) GDP price index bias.
E) quality change bias.


D

Economics

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What will be an ideal response?

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Southwest Airlines relies on jet fuel to operate its planes. If it chooses to hedge against future changes in fuel prices, what positions (long or short) will it take in the spot and futures markets?

What will be an ideal response?

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