One proposal is to index social security payments
a. to the CPI minus half a percentage point to correct for the CPI's overstatement of inflation.
b. to the CPI plus half a percentage point to correct for the CPI's overstatement of inflation.
c. to the CPI minus half a percentage point to correct for the CPI's understatement of inflation.
d. to the average tax rate that social security recipients face.
e. to the average increase in the CPI over the last five years.
A
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Indicate whether the statement is true or false
he condition where the opportunity cost of producing additional units of a good rises as society produces more of that good is known as ______.
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