Education Typically Composes About ________ of the Consumer Price Index

question 67

Multiple Choice

Education typically composes about ________ of the consumer price index (CPI) .

• A) 3 percent
• B) 5 percent
• C) 10 percent
• D) 15 percent
• E) 20 percent

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Definitions:

Risks

The potential for losing something of value or the chance of an adverse outcome.

Hurdle Rate

The minimum acceptable rate of return on an investment, used as a benchmark for deciding whether to pursue a project.

Internal Rate of Return

A calculation used to evaluate the profitability of potential investments.