Question

any 10 commodities from a consumer basket and show their price rise during the last 3 years. (Only the commodities whose price rise continuously during the last 3 years. E.g., Gold) Give reasons why the price increased for these commodities.

Answer 1

Answer:

The basket of goods includes basic food and beverages such as cereal, milk, and coffee. It also includes housing costs, bedroom furniture, apparel, transportation expenses, medical care costs, recreational expenses, toys, and the cost of admissions to museums also qualify.