Yes. Unless the number you are multiplying .01 by is negative.
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Without a decimal point, they are both the same. If you asked "Which is less .01 or .001", then .001 is the smaller number.
No.
It is: 0.004
nothing since they both are one.
the larger number is 0.1 because a tenth, which is the first place value after the decimal is bigger than a thousandth, which is the third number after the decimal.