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 Macroeconomics 7th Edition
by Mankiw, N. Gregory
Published by
South-Western College
ISBN 10:
1-28516-591-8
ISBN 13:
978-1-28516-591-2
Chapter 11 - Measuring the Cost of Living - Quick Check Multiple Choice - Page 231: 2
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