Cost-of-living adjustments for the Social Security system are based on changes in the

Question

Quizplus · Accepted Answer

Cost-of-living adjustments for the Social Security system are based on changes in the index of consumer prices, commonly known as the Consumer Price Index (CPI). The CPI measures the average change in prices paid by consumers for a basket of goods and services, including housing, transportation, and food. Therefore, option A is the correct answer.

Cost-Of-Living Adjustments for the Social Security System Are Based on Changes