Question

what are the uses of CPI

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Answer 1

Answer:

Uses of the Consumer Price Index-

To adjust other economic indicators for price changes: For example, components of national income could be adjusted using CPI. Provides cost of living adjustments for wage earners and social security. The first Social beneficiaries and prevents an inflation-induced increase in tax rates.

Explanation:

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Answer 2

Answer:

Uses of the Consumer Price Index

To adjust other economic indicators for price changes: For example, components of national income could be adjusted using CPI. Provides cost of living adjustments for wage earners and social security. The first Social beneficiaries and prevents an inflation-induced increase in tax rates ...