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Chapter 24: Measuring the Cost of Living
52:44
YouTubeDrAzevedoEcon
Chapter 24: Measuring the Cost of Living
The Consumer Price Index (CPI) 1:30 Calculating the CPI 3:34 Numerical example 9:46 Using the CPI to calculate the inflation rate 16:03 Problems with using the CPI 20:45 The CPI vs the GDP deflator 32:06 How to adjust for inflation 34:56 Indexation 42:28 Real and nominal interest rates 44:23
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