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Visit the Bureau of Labor Statistics website for the Consumer Price Index(CPI), www.bls.gov/cpi, and the find the latest news release. Table 1 in that release
Visit the Bureau of Labor Statistics website for the Consumer Price Index(CPI), www.bls.gov/cpi, and the find the latest news release. Table 1 in that release presents CPI data for all items and also for individual categories. Please answer questions a and b below.
a. How much has the entire index changed(in percentage terms) in the past year?
b. Now pick out the five individual categories that have increased the most in the past year and explain WHY these five categories have increased the most.
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