Which of the following statements is true if the CPI rises from 120 to​ 126? If the CPI rises from 120 to​ 126, then​ _______.     A. on​ average, the price paid by urban consumers for a fixed basket of consumer goods and services rises by 5 percent   B. on average, the price paid by urban consumers for a fixed basket of consumer goods and services rises by 6 percent   C. the price of food rises by 6 percent   D. the price of housing rises by at least 5 percent

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Chapter11: Measuring The Cost Of Living
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Which of the following statements is true if the CPI rises from 120 to​ 126?
If the CPI rises from 120 to​ 126, then​ _______.
 
 
A.
on​ average, the price paid by urban consumers for a fixed basket of consumer goods and services rises by 5 percent
 
B.
on average, the price paid by urban consumers for a fixed basket of consumer goods and services
rises by 6 percent
 
C.
the price of
food
rises by
6
percent
 
D.
the price of
housing
rises by at least
5
percent
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