if the cpi rises, the number of dollars needed to buy a representative basket of goods\nincreases, and so…

if the cpi rises, the number of dollars needed to buy a representative basket of goods\nincreases, and so the value of money rises.\nincreases, and so the value of money falls.\ndecreases, and so the value of money rises.\ndecreases, and so the value of money falls

if the cpi rises, the number of dollars needed to buy a representative basket of goods\nincreases, and so the value of money rises.\nincreases, and so the value of money falls.\ndecreases, and so the value of money rises.\ndecreases, and so the value of money falls

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. When CPI rises, it means prices of the basket of goods have increased. So, more dollars are needed to buy the same basket of goods. Also, as more dollars are required to purchase the same amount of goods, the value of each dollar decreases (purchasing - power of money falls).

Answer:

B. increases, and so the value of money falls.