Which of the Following Goods and Services Would Be Excluded

question 82

Multiple Choice

Which of the following goods and services would be excluded from the CPI?

• A) Legal services
• B) Used cars
• C) French wines sold in the U.S.
• D) Restaurant meals
• E) Shares of stock in U.S.corporations

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Definitions:

Shares

Shares represent ownership units in a corporation or financial asset, granting shareholders a portion of the corporation's assets and profits.

Participating

Involvement or engagement in a particular activity, process, or venture.

Preferred Stock

A type of stock that grants holders certain advantages over common stock, often including fixed dividends and priority in asset liquidation.

Preferred Stock

A type of stock that gives holders preferential rights over common stockholders in terms of dividends and claims on assets.