Business, 18.03.2021 01:10 brisamauro27

A. Which of the following items might you include in the basket of goods and services for the average student? The basket should include: a. cafeteria meals.
b. washing machines.
c. textbooks.
d. pens.

b. One of the primary expenses in a student’s basket is tuition, which is also included in the BLS calculation of the CPI. Consider the portion of total expenditure tuition accounts for in a student's budget versus a typical household's budget. Given that difference, the value of the student's basket over time has likely changed than the CPI.

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