Which of the following is the largest portion of the market basket of goods that makes up the CPI?

Question

Quizplus · Accepted Answer

Housing typically makes up the largest percentage of the market basket of goods measured in the CPI, as it includes factors such as rent, mortgage payments, and utilities, which are essential expenses for most households. Clothing and footwear, health, and communication are important factors in the CPI as well, but not typically as significant as housing.

Which of the Following Is the Largest Portion of the Market