anonymous
  • anonymous
When the consumer price index (cpi) decreases from 200 to 150, prices decrease by 25%. True or false?
Finance
chestercat
  • chestercat
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anonymous
  • anonymous
when cpi decreases from 200 to 150, that is (200-150)/200=25%, the price of the goods in a given bundle decreases by 25%. So, your statement is true, but please be precise.

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