Which of the Following Is Not True About the Consumer

question 17

Multiple Choice

Which of the following is not true about the Consumer Price Index (CPI) ?

• A) The U.S.income tax system is indexed based on the CPI.
• B) The majority of labor union contracts have wages indexed by the CPI.
• C) The CPI can be used to transform nominal variables into real variables.
• D) The CPI can be used to measure the inflation rate.
• E) Social security benefits are indexed by the CPI.

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Links Dialog Box

A user interface element in software applications that allows users to manage and edit hyperlinks within a document.