question 14 (2 points)\nlisten\nthe cpi market basket\ncontains one unit of each good purchased by the…

question 14 (2 points)\nlisten\nthe cpi market basket\ncontains one unit of each good purchased by the average consumer.\nweights the goods and services according to the budget of an average urban household.\nis comprised of a representative sample of the goods that the government guesses people buy.\nincludes only goods and not services.\nincludes only u.s.-produced goods and services.

question 14 (2 points)\nlisten\nthe cpi market basket\ncontains one unit of each good purchased by the average consumer.\nweights the goods and services according to the budget of an average urban household.\nis comprised of a representative sample of the goods that the government guesses people buy.\nincludes only goods and not services.\nincludes only u.s.-produced goods and services.

Answer

Brief Explanations:

The Consumer Price Index (CPI) market basket is constructed by weighting goods and services according to the spending patterns of an average urban household. It doesn't have one - unit of each good (as spending varies), it's based on actual consumer spending surveys (not government guesses), it includes both goods and services, and it's not limited to U.S. - produced items (as consumers buy imported goods too).

Answer:

weights the goods and services according to the budget of an average urban household.