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YouTubeEZ NOMICS
3.3 (Macro) CPI Weighted Price Index (CPI) Practice 1: Calculations, Price Index, Percent Change
Video tutorial illustrating how to calculate the rate of inflation faced by consumers through a consumer price index (CPI) by creating of a weighted price index using a set of data provided --------- * Consumer price index (CPI) (at time 0:07) is a measure of the cost of living for the average consumer in an economy. It compares the value ...
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