Multiple Choice
If the price of housing (which accounts for 40 percent of total expenditures in the CPI basket) , rises by 10 percent in one year while the prices of all other goods rises by 27 percent, by how much will the CPI rise?
A) 10 percent
B) 20 percent
C) 234 percent
D) 27 percent
Correct Answer:
Verified
Correct Answer:
Verified
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