Question
Suppose a group of consumers spend 30% of their disposable income on food, 20% on clothing, and 50% on rent. If over the course of
Suppose a group of consumers spend 30% of their disposable income on food, 20% on clothing, and 50% on rent. If over the course of a year the price of food rises 10%, the price of clothing drops 5%, and rent rises 15%, what is the average price increase experienced by these consumers?
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Understanding The Polish Capital Market From Emerging To Developed
Authors: Marek Dietl, Dariusz Zarzecki
1st Edition
1032286962, 978-1032286969
