Which of the following best evaluates the economic impact of decisions the government makes on society?(1 point) Responses 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 reviewing changes in foreign stock markets reviewing changes in foreign stock markets tracking changes in presidential approval rating
The option that best evaluates the economic impact of decisions the government makes on society is tracking changes in the consumer price index. This index reflects changes in the average prices paid by consumers for a basket of goods and services, serving as an indicator of inflation or deflation. By monitoring these changes, it is possible to assess the impact of government decisions on the cost of living and the purchasing power of individuals, providing insight into the overall economic conditions in society.
