Rashana is a human resource specialist at Piper Co., a business consulting company. To support human resource planning, Rashana monitors trends in the Consumer Price Index. In recent months, the CPI has been rising at an increasing rate. What can Rashana predict based on this information?

Question

Quizplus · Accepted Answer

A rising CPI typically indicates inflationary pressures in the economy, which can lead to a rising cost of living. As a result, workers may seek higher pay to compensate for the increased expenses, which in turn can affect human resource planning.

Rashana Is a Human Resource Specialist at Piper Co