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.
<span> the empire was split into two separate halves</span>
You would be a member of the legislative branch
As President, Roosevelt pushed executive powers to new limits, arguing that the rise of industrial capitalism had rendered limited government obsolete.
Roosevelt’s stewardship theory unmoored presidential power from the Constitution and made it directly accountable to the people.
Roosevelt continued until his death to press for Progressive reforms that would move the country closer to the social democracies of Europe.
Answer:
B
Explanation:
they live on the coast and got most of their money from trade on ships and such.