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If the eight categories comprising the overall CPI(the CPI for All Items ) were weightedequally, the values recorded above would make equal contributions to the
If the eight categories comprising the overall CPI(the CPI for All Items) were weightedequally, the values recorded above would make equal contributions to the overall index.However, the BLS gives housing a more significant weight than medical care. Morespecifically, the BLS weights housing at41.3% while medical care is weighted at only6.6%.
Complete the following table to show the contribution each of the increases recorded above actually make to the overall CPI. (Enter your responses rounded to one decimalplace.)
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