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Afina-wow [57]
3 years ago
8

The BLS surveys​ 30,000 households on their spending habits. The results are used to construct a market basket of goods and serv

ices purchased by the typical urban family of four. The chart on the right shows these goods and services grouped into eight broad categories for December 2016. The percentages represent the expenditure shares of the categories within the market basket. Which of the following categories make up about​ three-quarters of the market​ basket? A. medical​ care, housing, and food B. ​housing, transportation, and food C. ​housing, medical​ care, and education D. medical​ care, recreation and food
Social Studies
1 answer:
xenn [34]3 years ago
5 0

Answer:

B. housing, transportation, and food

Explanation:

According to my research on basic economics and household spending habits, I can say that based on the information provided within the question it is housing, transportation, and food that make up three-quarters of the market basket. This is because these are the three categories that are considered necessities within a normal household. This is because housing provides shelter, food provides nutrition, and transportation provides a means of getting to work. Which are all necessities.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Answer:

Sr. No                Particulars                      Debit                    Credit

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Explanation:

Recording of purchase of land for stock of $ 80,000 and cash $ 10,000 . As the  value of land is $ 65,000 the loss is debited to the profit and loss account. the stock is recorded at the fair market value on the date.

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