One Reason The Cpi Is Monitored Very Closely By Government, Businesses, And Workers Is That:

(Correct Answer Below)

One Reason The Cpi Is Monitored Very Closely By Government, Businesses, And Workers Is That:

A) it indicates whether we are running a budget surplus or a deficit. B) some wages, interest rates, tax rates, and government benefits are tied to changes in the value of the CPI. C) it is the best measure of worker productivity in the service sector. D) the gross domestic product is computed from the reported increases in the CPI.
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B) some wages, interest rates, tax rates, and government benefits are tied to changes in the value of the CPI. As a measure of inflation, the CPI is an index which is often used to determine cost of living increases in wages, salaries, interest rates, and other payments. Income tax brackets and some government benefits, such as Social Security payments, are also adjusted when the CPI changes.
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