What does the "core cpi" measure? why might the consumer price index overstate changes in the cost of living? why have economists defined and used price indexes other than the cpi? what does indexing mean? what are the costs of inflation? which of these do you think are the most important for the us economy? if inflation is less than expected, who benefits—debtors or creditors? explain. what is hyper-inflation, and what can cause it?

The third program provides families with $50 in food stamps each week, redeemable for both perishable and nonperishable food. the fourth policy instead provides a family with a box of nonperishable foods each week, worth $50. use two graphs to illustrate that a family may be indifferent between the two programs, but will never prefer the $50 box of nonperishable foods over the $50 in food stamps. state your answer and use a consumer choice model for perishable food and nonperishable food to graphically justify your choice.