By far the largest category of goods and services in the CPI basket is

Name: By far the largest category of goods and services in the CPI basket is
Brand: Quizplus
Rating: 4.9 (40 reviews)

Question

Quizplus · Accepted Answer

According to the Bureau of Labor Statistics, housing accounts for approximately 42% of the Consumer Price Index (CPI) basket, making it the largest category. Transportation accounts for 15%, food and beverages account for 14%, and apparel accounts for 3%. Therefore, A) housing is the best choice.

By Far the Largest Category of Goods and Services in the CPI