Answer true or false for the following statements:

1. The purchasing power of the $20 bill increases over time due to inflation.

2. The inflation rate measures the percentage change in the price index.

3. The GDP deflator is used to calculate the inflation rate.

4. John’s wage increases from $200 per day in year Y to $260 per day in year Z. At the same time, the CPI increases from 100 to 142. John is better off in year Z because his real income is higher.

5. The average person spends about 42% of their income on housing.

6. If the price index increases from 120 to 130 then the inflation rate during the past year was 10%.

7. If your employer gives you a raise that is equal to the inflation rate, then your real salary will have increased.

8. The consumer price index is calculated as: (the cost of a basket of goods in the base year/the cost of the basket of goods in the current year) x 100.

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.

anyone below or above ambitious can tell you. so crowns mean brainliest. getting brainliest means your answer needs a good explanation and the person asking the question can understand your answer easily. so say there's a multiple choice question. you don't just want to say your answer is a, hope it . provide evidence and reasoning so that they know that that is the correct answer. a good explanation should have evidence, good reasoning, and your opinion on why you picked that. you don't want to look up their question on the internet and see if you can answer it. pick questions that you 100% know the answer to, so than that way you can provide a better explanation.

best of luck,

the divergent