The CPI does this because it was designed to be a statistical measure of the changes in the prices of goods and services purchased by urban consumers. It was not intended to be used as an absolute measure of changes in the cost of living. Nevertheless... Interest Rates and Inflation: Hearing Before the Subcommittee on Economic ... - Page 55by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Economic Stabilization - 1980 - 85 pagesFull view
- About this book
United States. Congress. Senate. Committee on Finance - Income tax - 1981
...limitation becomes a subject of active consideration in the future. -22RESTRUCTURE THE CONSUMER PRICE INDEX The incomes of over 46 million Americans are tied...living index directly through bargaining agreements or Congressionally mandated adjustments in social security benefits and retired federal employee pension...