Consider which would have a greater effect on the consumer price index: a 10 percent increase in the price of chicken or a 10 percent increase in the...

Consider which would have 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?

Consider how to describe three problems that make the consumer price index an imperfect measure of the cost of living?

Consider how to explain the meaning of nominal interest rate and real interest rate. How are they related?