By Far the Largest Category of Goods and Services in the CPI

question 188

Multiple Choice

By far the largest category of goods and services in the CPI basket is

• A)housing.
• B)transportation.
• C)education & communication.
• D)food & beverages.

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Definitions:

Re-entry

The act of a landlord to move into possession of leased property.

Re-enter

The act of going back into a place or area that one has previously left.

Payment of Rent

The periodic payment made by a tenant to a landlord in exchange for the use of property, as specified in a lease agreement.

Statute of Frauds

A legal principle that requires certain types of contracts to be written and signed in order to be enforceable.