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Author Question: Which of the following categories in the market basket of goods receives the most weight when ... (Read 91 times)

erika

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on: Jul 24, 2018
Which of the following categories in the market basket of goods receives the most weight when computing the Consumer Price Index?
 a. Transportation
  b. Housing
  c. Food and beverages
  d. None of the categories is weighted more than the others; they are all weighted equally.

Question 2

Which of the following is not one of the 8 major categories dividing up the market basket of goods and services used to figure the Consumer Price Index?
 a. Education and communication
  b. Child care
  c. Recreation
  d. Apparel


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skipfourms123

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Reply #1 on: Jul 24, 2018
Answer to Question 1

B

Answer to Question 2

B


erika

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Reply #2 on: Jul 24, 2018
Thanks


skipfourms123

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Reply #3 on: Jul 24, 2018
Welcome :)


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