Answer
b) housing
Work Step by Step
Housing makes up the 41% of the basket of goods used to compute CPI, the largest proportion of all categories.
Principles of Economics, 7th Edition
by Mankiw, N. Gregory
Published by
South-Western College
ISBN 10:
128516587X
ISBN 13:
978-1-28516-587-5
Chapter 24 - Part VIII - Measuring the Cost of Living - Quick Check Multiple Choice - Page 519: 2
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