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. income taxes b. recreation c. food and beverages d. medical care e. transportation

Explanation:

The Consumer Price Index (CPI) measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. The major groups in the CPI basket include recreation, food and beverages, medical care, and transportation. Income taxes are not part of the goods and services consumed by households (they are a form of tax on income, not a consumer good or service), so they are not included in the CPI's market basket.

Answer:

A. Income taxes