The Cost of Living and Hidden Inflation

James Devine

Challenge, 2001, vol. 44, issue 2, 73-84

Abstract: Economists generally argue that inflation is overstated by the federal government because it does not sufficiently account for the improved quality of products. This economist believes that if we account for all pertinent changes in the quality of life, inflation is understated.

Date: 2001
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DOI: 10.1080/05775132.2001.11034092

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