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To: Skeeter Bug who wrote (129436)8/1/2001 12:03:59 PM
From: GST  Read Replies (2) | Respond to of 164684
 
SB: Thanks for the explanation. So the chain-weighted term refers to weights which change the impact of computer technology investments to reflect changes in processing speed -- is that right? I have always paid about the same dollar amount for every computer I bought in the last 20 years -- but each one is "better". So in a chain weighted world these product improvements are captured as productivity improvements. Hmmmmmm.