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2 questions
4
votes
2
answers
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Re-evaluation of Consumer Price Index (C.P.I.) weights
How are the weights of the various household items in the Consumer Price Index (C.P.I.) basket decided, i.e., how are they re-evaluated every year? Is it done manually or automatically?
If its done ...
3
votes
2
answers
4k
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Supply/Demand Curve for Excise tax that's being passed 100% on to consumers
I'm doing a paper on the 'coca-cola tax' the tax on all sugary drinks. The premise is that it is an excise tax, which will then be passed 100% on to consumers. What I'm struggling with is how the ...