Both goods and services are counted as wealth?

The paradox of value occurs when some necessities have little value, while some non-necessities have a much higher value. Economic growth occurs when a nation's total output of the goods and services increases over time. ... Both goods and services are counted as part of a nation's wealth.

i'ts proportional. if the inflation rate is 12% for example, the cpi will be 12% less.

hope it ,

bioteacher101