(Answered) Republicans are already eyeing changes to the inflation

Economics

Republicans are already eyeing changes to the inflation measure as a way to meet their goal of halving the budget deficit by 2002. The CPI is used to adjust social security and other benefits, and income-tax brackets, for inflation." The suggested changes will lower the deficit because measured inflation will be

a) increased which lowers real taxes b) decreased which increases real taxes

c) increased which increases social security payments

d) decreased which decreases social security payments

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Macroeconomics, Economics

Category:- Macroeconomics
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