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

Question 134

Multiple Choice

If the price of housing (which accounts for 40% of total expenditures in the CPI basket) , rises by 10% in one year while the prices of all other goods rises by 27%, by how much will the CPI rise?


A) 10%
B) 20%
C) 234%
D) 27%

Correct Answer:

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