The goal of the consumer price index is to gauge how much incomes must rise to maintain a constant standard of living.

Name: The goal of the consumer price index is to gauge how much incomes must rise to maintain a constant standard of living.
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The consumer price index (CPI) measures the change in the price of a basket of goods and services that are typically purchased by households. It is used to track inflation and to adjust wages and other payments to maintain a constant standard of living.

The Goal of the Consumer Price Index Is to Gauge