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24-03-2019
Business

contestada

When the consumer price index falls, the typical family has to spend fewer dollars to maintain the same standard of living.

a. true

b. false?

Respuesta :

24-03-2019

A. True

The CPI is a measure of the cost of a "basket" of typical consumer goods, so if the cost of these goods goes down most families will spend less on average.

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