Business, 12.03.2021 14:50, bay97

Does a change in the average price of water or a change in the average rent for housing have a bigger impact on the CPI? The bigger impact is from water. Although housing accounts for the largest share of a typical household's spending, the bulk of this expenditure is on water. rent for housing. Housing accounts for the largest share of a typical household's spending, and rent is the largest expense within the housing category. rent for housing, since water is not included in the CPI. Therefore, any changes in the average rent for housing will impact the CPI, whereas changes in the average price of water will not. water. Water accounts for a larger share of a typical household's spending than housing does.

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Does a change in the average price of water or a change in the average rent for housing have a bigge...