Problem
Suppose that Apple Inc. manufactures a new generation of iPhones that include the ability to know if your interlocutor is lying. Assuming that the price of this good will be higher than the currently marketed iPhone, comment on the CPI's capability to correctly measure the corresponding change in the cost of living.
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.