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    Principles of Macroeconomics Study Set 8
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    Exam 11: Measuring the Cost of Living: The Consumer Price Index
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    If the Cost of Housing Increases by 10 Percent,then,other Things
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If the Cost of Housing Increases by 10 Percent,then,other Things

Question 20

Question 20

Multiple Choice

If the cost of housing increases by 10 percent,then,other things the same,the CPI is likely to increase by about


A) 1.7 percent.
B) 3.3 percent.
C) 4.2 percent.
D) 10 percent.

Correct Answer:

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