Which of the following best evaluates the economic impact of decisions the government makes on society?(1 point)

Responses

reviewing changes in foreign stock markets
reviewing changes in foreign stock markets

reviewing rates of hospitalizations and deaths
reviewing rates of hospitalizations and deaths

tracking changes in the consumer price index
tracking changes in the consumer price index

tracking changes in presidential approval rating

1 answer

The option that best evaluates the economic impact of decisions the government makes on society is tracking changes in the consumer price index.

The consumer price index (CPI) measures changes in the price level of a basket of consumer goods and services, and it is a key indicator of inflation, which has significant implications for economic policy and the welfare of society. Changes in the CPI can reflect the effects of government fiscal and monetary policies, impacting purchasing power, cost of living, and overall economic health.