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What do you think has a greater effect on the consumer price index a 10 percent increase in chicken or a 10 percent increase in caviar?
Chicken. Most people do not buy caviar. So the total amount spent on chicken is much greater than the total spent on caviar (even though caviar is more expensive). Therefore, in terms of the basket of consumer shopping, chicken is much more important had has more weight in the price index. This means an increase in the price of chicken will have a much greater impact on the index as the same percentage increase on caviar.
What else can I help you with?
Which is greater 0.75 percent or 0.065 percent?
0.75 percent is greater.
Which is greater 0.2 percent or 0.05 percent?
0.2 percent is greater than 0.05 percent.
What is the type percent when the final amount is greater than the original amount?
It is a percentage increase
What is greater 0.1 percent or 0.75 percent?
0.75% is greater.
What percent greater is 30 than 25?
20 percent greater.
What do you think has AA greater effect on the consumer price index a 10 percent increase in the price of chicken or a 10 percent of caviar.why?
Inflation
Which would have a greater impact on the CPI a 20 percent increase in the price of rolex watches or a 20 percent increase in the price of cars?
A 20 percent increase in the price of cars would have a greater impact on the Consumer Price Index (CPI) than a similar increase in the price of Rolex watches. This is because cars represent a larger portion of household expenditures compared to luxury watches, which are bought by a much smaller segment of the population. As a result, the overall effect on the CPI, which measures the average change in prices paid by consumers for goods and services, would be more pronounced with the car price increase.
What is the percent when the final amount is greater than the original amount?
It is a percentage increase
What Is type of percent when the final amount is greater than the original amount?
Increase
What type of percent when the final amount is greater than the original amount?
Increase
What is the percent of increase of 10500 to 17350?
17,350/10,500 = 1.652381... = 65.24% greater (rounded)
How do you prove that a 17 percent increase is roughly 1.017 percent greater than a 15 percent increase?
I work it out as:100 increased by 17% is 117100 increased by 15% is 115117 is 2 greater than 115 = 2/115 * 100 = a 1.739% (3 decimal places only) increase. We could say that it is roughly 1.01739 times as big if this is what you mean.
Is it a 800 percent increase or an 800 percent increase?
An 800 percent increase.
Which is greater 0.91 percent or 3 percent?
Three percent is greater.
What is greater 0.13 percent or 0.24 percent?
0.24 percent is the greater.
Which is greater 0.75 percent or 0.065 percent?
0.75 percent is greater.
What is the meaning of a percentage increase that is greater than 100 percent?
An increase of more than 100% means the original value is increased by more than double.
