A complete overview from DePaul University of the consumer price index and inflation. Gives an overview of the concept of inflation, how to compute the CPI, some problems with the CPI, and much more. Also provides some exercises for practice.

Concepts

economics, inflation

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Additional Tags

consumer price index, cpi, depaul university: measuring the changing value of money, u.s. economy, consumer price index, cpi

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Classroom Considerations

• Knovation Readability Score: 4 (1 low difficulty, 5 high difficulty)