Cost of Living Indexes

question 38

Multiple Choice

Cost of living indexes

• A) automatically adjust for changes in product quality.
• B) are based on a fixed package of goods and services.
• C) do not include housing costs.
• D) recognize that consumers will substitute lower for higher priced items.

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Definitions:

Women's Movement

A series of campaigns for reforms on issues such as reproductive rights, domestic violence, maternity leave, equal pay, women's suffrage, and sexual harassment.

Unionization

is the process by which workers come together to form a union, a formal organization representing their collective interests in negotiations with employers for better wages, benefits, and working conditions.

American

Pertaining to the United States, its people, culture, or characteristics.

Universal Citizenship

The concept that every person has rights and responsibilities that transcend national boundaries, often associated with global human rights.