The Consumer Price Index Market Basket Contains

question 34

Multiple Choice

The Consumer Price Index market basket contains

• A) Australian-produced goods and services purchased by an average urban household.
• B) the minimal dietary requirements of an average urban household.
• C) the ideal calorie intake of each member of an average urban household.
• D) the goods and services that the economists working for the ABS believe consumers should buy.
• E) the goods and services purchased by an average urban household.

---

Definitions:

Wright's Paintings

May refer to the artworks created by one of several artists with the last name Wright, known for their distinctive styles and contributions to their field.

Industrialists

Individuals or groups involved in the ownership and management of industries, often characterized by significant innovations, manufacturing processes, and the exploitation of labor.

Joseph Wright of Derby

An 18th-century English painter, known for his use of light and shadow, and for pioneering subjects in science, industry, and literature within his works.

Enlightenment

A philosophical movement in 17th and 18th century Europe emphasizing reason, individualism, and skepticism towards traditional doctrines.