comparing cpi from one period to another tells us the change in ___ * 1 point\nunemployment\neconomic…

comparing cpi from one period to another tells us the change in ___ * 1 point\nunemployment\neconomic growth\nprice level\nif government spending was completely funded by taxes ____ * 1 point\nthere would be a deficit\npigs flying\nthere would be no deficit

comparing cpi from one period to another tells us the change in ___ * 1 point\nunemployment\neconomic growth\nprice level\nif government spending was completely funded by taxes ____ * 1 point\nthere would be a deficit\npigs flying\nthere would be no deficit

Answer

Brief Explanations:

The Consumer - Price Index (CPI) measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services, so comparing CPI between periods shows price - level changes. If government spending is fully funded by taxes, government revenue (taxes) equals government spending, resulting in no deficit.

Answer:

  1. C. price level
  2. C. there would be no deficit