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    Principles of Macroeconomics
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    Exam 6: Measuring the Cost of Living
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    Which Is Likely to Have the Larger Effect on the CPI
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Which Is Likely to Have the Larger Effect on the CPI

Question 30

Question 30

Essay

Which is likely to have the larger effect on the CPI, a 2 percent increase in food or a 3 percent increase in diamond rings? Explain.

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The 2 percent increase in food...

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