The CPI and the Cost of Living
Alternative inflation rate and model development project
Ch. 14: Inflation CIE3M1-01. What Is Inflation? Inflation is the increase in the prices of goods & services over a period of time Figure 14.1 pg. 290.
© 2011 Pearson Education The CPI and the Cost of Living 22 When you have completed your study of this chapter, you will be able to 1 Explain what the.
The Price Level and Inflation CHAPTER 1 Chapter 6 - continued.
CALCULATING INFLATION: PRICE CHANGE, CPI, AND THE GDP DEFLATOR.
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