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If the Price of Housing (Which Accounts for 40% of Total

Question 121

Multiple Choice

If the price of housing (which accounts for 40% of total expenditures in the CPI basket) , rises by 5% in one year while the prices of all other goods remain constant, by how much will the CPI rise?


A) 2%
B) 5%
C) 10%
D) 40%

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