The largest component in the basket of goods andservices used to compute the CPI isa. food and beverages.b. housing.c. medical care.d. apparel.
The largest component in the basket of goods andservices used to compute the CPI isa. food and beverages.b. housing.c. medical care.d. apparel.
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter6: Measuring The Cost Of Living
Section: Chapter Questions
Problem 2CQQ
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The largest component in the basket of goods and
services used to compute the CPI is
a. food and beverages.
b. housing.
c. medical care.
d. apparel.
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