If the Price of Housing (Which Accounts for 40 Percent

question 226

Multiple Choice

If the price of housing (which accounts for 40 percent of total expenditures in the CPI basket) , rises by 10 percent in one year while the prices of all other goods rises by 27 percent, by how much will the CPI rise?

• A)10 percent
• B)20 percent
• C)234 percent
• D)27 percent

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