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Bureau of labor statistics released a statement

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Reference no: EM132007754

The Bureau of Labor Statistics released a statement saying what a typical consumer is purchasing: (pie chart)

  • 30% Transport
  • 40% Medical care
  • 10% Education
  • 5% Mortgage
  • 15% Other goods and services

Explain how this affects the CPI

Please help. Thanks!

This is not an assignment, this is just question for prep exam. I just don't get how the percentages will affect the CPI

Reference no: EM132007754

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