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The CPI Will Be Most Influenced by a 10 Per

Question 2

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The CPI will be most influenced by a 10 per cent increase in the price of which of the following consumption categories?


A) Clothing and footwear. See Table 21.2 in the textbook.
B) Household goods. See Table 21.2 in the textbook.
C) Alcohol. See Table 21.2 in the textbook.
D) Food. See Table 21.2 in the textbook.
E) All of these answers would produce the same impact. See Table 21.2 in the textbook.

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