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Answer B
The base value is always 100
The new price for food 110 Acco 100 and clothing 95
Total weights is 10
For food 5 /10 * 110 = 55
Acco 3 / 10 * 100 = 30
clothing 2 / 10 * 95= 19
Get the total which is 104
It has increased by 4 %
omg i was just about to ask u questions on calculating the weights.....so is this basically the overall formula to calculate the cpi?
# business....
is break even analysis and break even ratio is the same???
Answer B
The base value is always 100
The new price for food 110 Acco 100 and clothing 95
Total weights is 10
For food 5 /10 * 110 = 55
Acco 3 / 10 * 100 = 30
clothing 2 / 10 * 95= 19
Get the total which is 104
It has increased by 4 %
Thank you
Surplus tends to increase money supply (thus leads to inflation) That's why answer is A
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_w06_qp_1.pdf
Why cant the answer be C?
Answer is B :O
Arent tariffs more effective than quotas?
Which question?
Surplus means more money coming from exports and that's why money supply increases? Just guessing.
Oooh i frgt its Q20
Isnt the money suply wen the Central Bank prints money?
A higher quota means increasing the number of imported cars allowed in the country.
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