[Online Document Assignment:]
EIA Activity: Indexing to the CPI
Click on the links on the right to answer the following questions.
Use Link 1 to answer the following questions. From 2004- to 2014, how many months experienced price stability (0.0) in the United States?
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True or False: The highest one-month percentage change in the CPI from 2004 to 2014 was 0.8%.
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True or False: The lowest one-month percentage change in the CPI from 2004 to 2014 was -1.8%.
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Use Link 2 to answer the following question. True or False: The highest inflation rate in the United Statesz from 2004 to 2014 was 5.6%.
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Use Link 3 to answer the following question. True or False: After individuals begin receiving social security benefits, the amount of the benefits will not be adjusted for cost of living increases.
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Use Link 4 to answer the following question. True or False: The highest 2014 tax bracket is 35%.
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Discuss why several types of payments are indexed to the CPI.
Do you expect to receive social security benefits by the time you retire? Yes or no? Discuss.
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