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Principles of Macroeconomics :3
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24
1.
24 Measuring the
Cost of Living
2.
3.
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Table 1 Calculating
the Consumer Price Index and the Inflation Rate: An Example Copyright©2004 South-Western
12.
Table 1 Calculating
the Consumer Price Index and the Inflation Rate: An Example Copyright©2004 South-Western
13.
Table 1 Calculating
the Consumer Price Index and the Inflation Rate: An Example Copyright©2004 South-Western
14.
Table 1 Calculating
the Consumer Price Index and the Inflation Rate: An Example Copyright©2004 South-Western
15.
Table 1 Calculating
the Consumer Price Index and the Inflation Rate: An Example Copyright©2004 South-Western
16.
17.
FYI: What’s in
the CPI’s Basket? Copyright©2004 South-Western 16% Food and beverages 17% Transportation Medical care 6% Recreation 6% Apparel 4% Other goods and services 4% 41% Housing 6% Education and communication
18.
19.
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Figure 2 Two
Measures of Inflation 1965 Percent per Year 15 10 5 0 1970 1975 1980 1985 1990 2000 1995 Copyright©2004 South-Western CPI GDP deflator
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31.
32.
Table 2 The
Most Popular Movies of All Times, Inflation Adjusted Copyright©2004 South-Western
33.
34.
35.
36.
37.
Figure 3 Real
and Nominal Interest Rates 1965 Interest Rates (percent per year) 15 10 5 0 – 5 1970 1975 1980 1985 1990 1995 2000 Copyright©2004 South-Western Real interest rate Nominal interest rate
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