15
QuizMultiple Choice

Inflation and Purchasing Power

Question 15 • 26-27 Ignite Financial Literacy Personal Finance - EL3403

Which of the following is not one of the categories of which the CPI market basket consists?

Answer
A
housing
B
food
C
education
D
industry

Explanation

The CPI market basket groups consumer spending into categories such as housing, food, and education. Industry is not a consumer-spending category in the CPI market basket, so the correct choice is industry.

AI-written and checked against the verified answer.

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