This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following categories in the market basket of goods receives the most weight when ... (Read 73 times)

erika

  • Hero Member
  • *****
  • Posts: 522
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

skipfourms123

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jul 24, 2018
Answer to Question 1

B

Answer to Question 2

B


erika

  • Hero Member
  • *****
  • Posts: 522
Reply #2 on: Jul 24, 2018
Thanks


skipfourms123

  • Sr. Member
  • ****
  • Posts: 343
Reply #3 on: Jul 24, 2018
Welcome :)


« previous next »
 

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

(a) Longevity decreases with increased horn-length breeding value of harvested rams. (b) Mean-weight (a) Longevity decreases with increased horn-length breeding value of harvested rams. (b) Mean-weight
Activity, Food Restriction, and Weight Loss Activity, Food Restriction, and Weight Loss
At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
Sample Exercise Prescription for Weight Training: Intermediate Sample Exercise Prescription for Weight Training: Intermediate
Food and Drug Administration (FDA) Pregnancy Categories Food and Drug Administration (FDA) Pregnancy Categories
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
Video: Optic Nerve and Optic Disk Animation (Part 2 of 2)

For a complete list of videos, visit our video library