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o-na [289]
3 years ago
11

Why is the consumer price index CPI important

Social Studies
1 answer:
ExtremeBDS [4]3 years ago
8 0

Answer:

Broadly speaking, the CPI measures the price of consumer goods and how they're trending. It's a tool for measuring how the economy as a whole is faring when it comes to inflation or deflation. When planning how you spend or save your money, the CPI can influence your decisions.

Explanation:

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Vanyuwa [196]

Answer:

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Explanation:

6 0
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The United States imports thousands of tons of sugar each year from Brazil. If the US placed a quota on importing sugar from Bra
lesantik [10]

Answer:

C). Limiting the amount of Brazilian sugar that can be imported.

Explanation:

As per the question, if the United States government places a quota on the amount of sugar imported from Brazil, it would be called physically 'limiting the amount of Brazilian sugar that can be imported'. The imports are restricted for several reasons and the most common reason is to encourage the sale of domestic products and promote domestic trade to boost the local producers instead of heavily relying on imports. Therefore, <u>option C</u> is the correct answer.

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