Which do you think has a greater effect on the consumer price index: a 10 percent increase

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Which do you think has a greater effect on the consumer price index: a 10 percent increase in the price of chicken or a 10 percent increase in the price of caviar? Why?

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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Question Posted: Dec 14, 2012 06:07 AM

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Which do you think has a greater effect on the consumer price index: a 10 percent increase

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Principles of economics

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