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Which of the following is not an example of one of the major categories in the overall CPI (Consumer Price Index)?

a) Recreation
b) Apparel and accessories
c) Entertainment
d) Transportation and insurance

User Kkgarg
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Final answer:

Entertainment is not one of the eight major categories of the Consumer Price Index. The categories include sections like Food and beverages, Housing, Apparel, and Transportation.

Step-by-step explanation:

Among the options provided, 'Entertainment' is not an example of one of the major categories in the overall Consumer Price Index (CPI). The CPI consists of eight major categories, which include Food and beverages, Housing, Apparel, Transportation, and Medical care, among others. Apparel and Transportation are indeed part of the CPI, with Apparel including men's shirts and sweaters, women's dresses, and jewelry, while Transportation covers new vehicles, airline fares, gasoline, and motor vehicle insurance. However, 'Entertainment' is not explicitly listed as a standalone major category within the CPI.

User NGambit
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