By far the largest category of goods and services in the CPI basket is
A)housing.
B)transportation.
C)education & communication.
D)food & beverages.

Name: By far the largest category of goods and services in the CPI basket is A)housing. B)transportation. C)education & communication. D)food & beverages.
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Question

Quizplus · Accepted Answer

Housing is the largest category in the Consumer Price Index (CPI) basket, reflecting the significant portion of consumer expenditure dedicated to shelter costs.

By Far the Largest Category of Goods and Services in the CPI