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Home Q & A Board Other Fields Homework Help Business Economics
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dwayned dwayned
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6 years ago
If the CPI is used as a cost of living index, incomes that are adjusted to reflect the changes in the CPI will
A) increase by more than the actual change in the cost of living.
B) decrease by more than the actual change in the cost of living.
C) increase by more than the actual change in quantities.
D) decrease by more than the actual change in quantities.
E) generally rise by about 2 percent a year because the standard of living generally rises by about 2 percent a year.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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#1
6 years ago
 A
dwayned Author
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#2
6 years ago
Thank you, thank you, thank you!
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