You are an entrepreneur with an innovative idea for a new buisness. In which kind of economy would you have the most opportunity to try to achive success?

Computing the CPI is important because it provides ________

A) a rough measure of the cost of living B) it is used as a benchmark in labor negotiations C) government uses it to index entitlements, such as social security benefits, so that beneficiaries do not lose purchasing power in periods of inflation D) all of the above E) none of the above

The use of government spending and taxation to make changes in the level of national income is known as fiscal policy

Indicate whether the statement is true or false