Which of the following is demonstrated by changes in the Consumer Price Index (CPI)?

A) Increases in taxes

B) Shortfalls in budgets

C) Conservation of resources

D) Rates of inflation over time

Question

26-03-2021
Social Studies

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Which of the following is demonstrated by changes in the Consumer Price Index (CPI)?

A) Increases in taxes

B) Shortfalls in budgets

C) Conservation of resources

D) Rates of inflation over time

Respuesta :

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jayilych4real jayilych4real · Answer 1 · 2022-06-14T17:18:04+02:00

The thing that is demonstrated by changes in the Consumer Price Index (CPI) is the D) Rates of inflation over time

What is Consumer Price Index?

This refers to the index that contains the different prices of items and their variations.

Hence, we can see that when there is a change in the Consumer Price Index, this is shown in the inflation rate over time as with a different price change, the inflation rate determines this.

Read more about Consumer Price Index here:

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Which of the following is demonstrated by changes in the Consumer Price Index (CPI)? A) Increases in taxes B) Shortfalls in budgets C) Conservation of resources D) Rates of inflation over time

Respuesta :

What is Consumer Price Index?

Otras preguntas

Which of the following is demonstrated by changes in the Consumer Price Index (CPI)?

A) Increases in taxes

B) Shortfalls in budgets

C) Conservation of resources

D) Rates of inflation over time