The BLS surveys 30,000 households on their spending habits. The results are used to construct a market basket of goods and services purchased by the typical urban family of four. The chart on the right shows these goods and services grouped into eight broad categories for December 2016. The percentages represent the expenditure shares of the categories within the market basket. Which of the following categories make up about three-quarters of the market basket?A. medical care, housing, and food B. housing, transportation, and food C. housing, medical care, and education D. medical care, recreation and food

The Bureau of Labor Statistics is conducting a survey on 30,000 households upon their spending habits as to make a record of what goods and services does a typical urban U.S. family of four spends their money on.

They are preparing a chart showing the expenditure made by a family for December 2016.

In this survey by Bureau of Labor Statistics, it is found that three-quarters of the market basket that a typical urban U.S. family of four spends on are housing, transportation, and food.

Thus the answer is B. housing, transportation, and food.

ashleyragas29 ashleyragas29 · Answer 2 · 2021-05-08T02:06:28+02:00

ashleyragas29 ashleyragas29

08-05-2021

Answer:

the correct answer is C

Explanation:

I took the quiz EDGE 22021

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