1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kondaur [170]
4 years ago
8

If the CPI is used as a cost-of-living index incomes are just reflect the changes in the CPI will?

History
1 answer:
iren2701 [21]4 years ago
4 0

If the CPI is used as a cost-of-living index incomes are just reflect the changes in the CPI will Increased by more than the actual change in the cost of living.

Answer: Option A

<u>Explanation:</u>

A country's inflation is calculated by the CPI. That is how the price level of the fixed group of goods and all services reflects the purchases by the consumer. The cost-of-living will represent the cost of a product makes the consumer consume a product that provides them the same amount of satisfaction while buying.

If the fixed group goods are not purchased throughout the year then inflation will be calculated based on the cost of those goods and the cost-of-living. That results in two problems and quality/ new goods bias is one of the two.

This quality/ new goods bias will conclude in an increase in the expenses of living. Because of the improvement over existing goods and the new goods were not considered by the consumers a lot.

You might be interested in
What did the thirteen amendment do
natka813 [3]

Answer: The 13th amendment to the United States Constitution provides that "Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, or any place subject to their jurisdiction.

6 0
3 years ago
Read 2 more answers
Which incident is most closely related to the installation of the "hot line" between the soviet union and the united states?
charle [14.2K]
The Cuban Missile Crisis of October is 1962 was the inspiration behind the hot line between the United States and Soviet Union. The Cuban Missile Crisis was a result of the US having missiles in Turkey and the Soviet Union having missiles in Cuba. This incident was the closest the world has ever come to all out nuclear warfare. The tense negotiations that took place of these 13 days in October made the government realize that they needed direct access to the Soviet government, as many of the interactions between the US and Soviet Union took a significant amount of time.
3 0
4 years ago
Hanford, Washington
Viefleur [7K]
If I remember correctly, the town of Oak Ridge was cut off from the world and the workers were brought there to build atomic bombs.
6 0
4 years ago
Why does Boucher believe that obedience to government it particularly important?
kicyunya [14]
The main reason why Boucher believes that obedience to government is particularly important is because without such obedience there would exist chaos, which would threaten the ultimate economic and social stability of the state.
3 0
4 years ago
Supporters of the atomic bomb argued against the idea that the US should not use the bomb against Japan by
Ksivusya [100]

Answer:

noting that firebombing had already caused extensive damage in japan.

Explanation:

This should help i got it off of quizlet and quizlet can help you a lot.

6 0
3 years ago
Read 2 more answers
Other questions:
  • HELP PLS!!!!
    14·1 answer
  • Which of the following is a limitation of the Universal Declaration of Human Rights?
    12·1 answer
  • How did European expansion create the first global economic system?
    14·1 answer
  • What was a provision of the magna carta
    6·2 answers
  • What was the staple crop for most native american groups?
    7·1 answer
  • Within the executive branch, what did the three department heads and the attorney general come to be known as?
    13·1 answer
  • What country spent more than $12 billion to host an international sporting event this summer that has been postponed due to conc
    7·2 answers
  • 3. Which of the following statements is true?
    9·1 answer
  • Who is this leader who had the distinction of being the first Republican congressional representative from Georgia since 1875?
    9·1 answer
  • Can someone PLEASE HELP ME WITH THIS!! ASAP!!
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!