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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.

Q: 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?

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0.75 percent is greater.

0.2 percent is greater than 0.05 percent.

It is a percentage increase

0.75% is greater.

No, 75% is greater.

Related questions

Inflation

Increase

It is a percentage increase

Increase

17,350/10,500 = 1.652381... = 65.24% greater (rounded)

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.

An 800 percent increase.

An increase of more than 100% means the original value is increased by more than double.

0.75 percent is greater.

Three percent is greater.

0.24 percent is the greater.

1.1368 times 2.85 equals 3.24, [3.24/2.85] so this means that 3.24 is about 13.7% [.1368]greater than 3.24. Increase 3.24 by about 13.7 percent, and you get 3.24.