Which of the following is the smallest portion of the market basket of goods that makes up the CPI?
A)housing
B)food and beverages
C)transportation
D)apparel

Question

Quizplus · Accepted Answer

The smallest portion of the market basket of goods that makes up the CPI is apparel, with a weight of only 3.05%. Housing has the largest weight at 42.56%, followed by transportation at 16.40%, and food and beverages at 14.73%.

Which of the Following Is the Smallest Portion of the Market