What Is One Practical Use by the Federal Government for the Consumer

question 63

Multiple Choice

What is one practical use by the federal government for the Consumer Price Index (CPI) ?

• A) A decrease in CPI means that the government must cut salaries.
• B) It helps determines the cost of living increases for Social Security recipients.
• C) It helps determines whether to raise taxes.
• D) It determines whether the government is paying too much for services.
• E) An increase in CPI triggers an increase in the regulation of the largest private companies.

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Definitions:

Birth Control

A method or device used to prevent pregnancy.

Total Fertility Rate

The average number of children that would be born to a woman over her lifetime in a given population.

Replacement-level Fertility

The birthrate needed for a population to reproduce itself exactly from one generation to the next, excluding any changes due to migration.

Birth Rate

The number of live births per thousand people in a population per year.