He should go with his checking account because his savings is way more valuable
Answer:
d. overestimate the extent of inflation because it uses fixed weights and ignores substitution of lower priced items for higher priced items
Explanation:
The CPI tends to overestimate the extent of inflation because it uses fixed weights and ignores substitution of lower priced items for higher priced items
Answer:
Brokers must disclose the information regarding the improvement and the fact that the property's taxes will increase the next year. Neighborhood improvements are paid by Special Assessment Districts adding taxes to existing properties or increasing sales taxes. Buyers need to know what property taxes they are expected to pay, and in this case, the current property taxes must be adjusted to show the real amount that will be paid in the future.
This isn't something necessarily bad because you are going to pay higher taxes, but your neighborhood is also improving.
Answer:
c. The average change in prices of a fixed basket of goods and services of urban consumers
Explanation:
It is a measure of the average change over time in the price paid by urban households for a set of consumer goods and services. It reflects the spending patterns of each of two population groups: all-urban consumers and urban wage earners and clerical workers, which include professionals, the self-employed, the unemployed, and poor persons.
