Question

which of the following is not one of the major groups of products and services used by the u.s. bureau of labor statistics in determining the consumer price index (cpi)? a. recreation b. transportation c. food and beverages d. medical care e. income taxes

Explanation:

The CPI measures the cost of a market basket of consumer goods and services. Major groups include Recreation, Transportation, Food and beverages, Medical care. Income taxes are not part of consumer goods/services for CPI calculation, as CPI focuses on out - of - pocket consumer expenditures, not tax payments.

Answer:

E. Income taxes