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 in federal employee salaries and social security benefits.
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.
Correct Answer:
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