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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 new cars and Wh?
A 20 percent increase in the price of new 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 new cars are a more significant component of the CPI due to their higher overall expenditure weight in consumer budgets. Rolex watches, while luxury items, represent a much smaller share of average consumer spending, thus their price increase would have a minimal effect on the overall CPI.
How do you reduce or increase the reading in digital odo meter for cars?
I hope it cannot be done, that would be illegal.
How would an increase in the number of people driving fuel- efficient cars affect the marketplace?
The demand for gasoline would go down.
Will An increase in the price of steel will shift the supply of cars to the right?
No, an increase in the price of steel will not shift the supply of cars to the right; rather, it will likely shift the supply curve to the left. This is because steel is a key input in car manufacturing, and higher steel prices increase production costs for car manufacturers, leading to a decrease in the quantity of cars supplied at any given price. Consequently, the overall supply of cars in the market would decrease, not increase.
What are Jacob Blacks hobbies?
fixing cars. loving bella. cliff diving. being a werewolf
What would happen to the price of American cars if us raised the tariff on Japanese cars?
The price of American cars would stay the same. The price of Japanese cars would go up, causing more people to buy American cars. That's what tariffs are for. ... But, with American cars then being more affordable than Japanese cars, wouldn't demand increase on American cars and decrease on Japanese cars? The former would mean that US automakers start increasing pricing and the latter would mean that the Japanese automakers need to lower prices.
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 camparsion of 88 cars in 2012 and 90 cars in 2013?
An increase of 2 cars per year.
How would an increase in the number of people driving fuel efficient cars effect the marketplace?
The demand for gasoline would go down. (study islands)
At a club fundraiser a group of students washed 128 cars in one weekend The next weekend they washed 192 cars What was the percent increase in the number of cars washed?
The increase was 50%
Why do cars need chains in snowy conditions?
to increase friction on the snowy land.due to this it would be easier to ride in snow areas
When autoworkers negotiate a wage increase the supply of cars?
the wage of the autoworkers will increase
