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Month/Yr Consumer Price Indexes: Selected Categories Housing Medical Care Jan/2024 328.432 556.811 *Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of

Month/Yr Consumer Price Indexes: Selected Categories Housing Medical Care Jan/2024 328.432 556.811 *Real-time data provided by Federal Reserve Economic Data (FRED), Federal Reserve Bank of Saint Louis. Part 3 Because the index for medical care exceeds the index for housing, it must be the case that a unit of medical care costs more than a unit of housing. This assertion is false . Part 4 Suppose that prices for both housing and medical care increase by 10%. Complete the following table to show the increase that occurs in each of these indexes. (Enter your responses rounded to one decimal place.) Consumer Price Index Increases: Selected Categories Housing Medical Care enter your response here enter your response here

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