Create a list of goods whose quality has improved


Problem

Create a list of goods (or services) whose quality has improved over time in such a way that the current prices of these commodities do not accurately reflect their real prices, even after adjusting for inflation. Now see if you can come up with a list of items whose quality has systematically decreased over time. Can you suggest why it is easier to find examples of the former than the latter?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Create a list of goods whose quality has improved
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