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WARRIOR [948]
3 years ago
14

When the consumer price index falls, the typical family has to spend fewer dollars to maintain the same standard of living.

Business
1 answer:
mel-nik [20]3 years ago
6 0

A. True

The CPI is a measure of the cost of a "basket" of typical consumer goods, so if the cost of these goods goes down most families will spend less on average.

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