How might the current weighting of CPI lead to either an overstatement or understatement of the actual inflation rate experienced by households? The base period used to construct the CPI is 1982-84, whereas consumption patterns have changed since then. Most households' consumption habits devitate somewhat from those of the "typical" household. The CPI uses only a handful of products to construct its market basket, whereas most households consume a wide variety of products. The percentage shares of different types of spending change from year to year.

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Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

Suppose that the repeated application of a pesticide used on orange trees causes harmful contamination of groundwater. The pesticide is applied annually in almost all of the orange groves throughout the world. Most orange growers regard the pesticide as a key input in their production of oranges. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

Q.3 - An economist has estimated demand of D = 1000 − P and Supply of S = 400 + 10R for onions, where R is the number of days of rainfall. (a) Plot the demand and supply curves. (b) Show the equilibrium quantity and the equilibrium price on the graph. (c) Use Algebra to determine the equilibrium price and quantity (d) Use a new graph of demand and supply curves to show the effect of an increase in rainfall

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Write down the name of the sections of the report. (a) What questions are answered in each section? Write one specific question and one general question for each section.

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In the late 1980s land prices in Japan surged upward in a speculative bubble. Land prices then fell for 11 straight years between 1990 and 2001. What can we safely assume happened to land rent in Japan over those 11 years? Use graphical analysis to illustrate your answer.   graphical analysis is must, you have to draw graph.  Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.