Saturday, October 10, 2015

Macro. Chapter 11 【Measuring the cost of Living】

1. Calculating inflation using a simple price index
Consider a fictional price index, the College Student Price Index (CSPI), based on a typical college student's .....

2. Alternative price indexes
Because there isn't one single measure of inflation, the government and researchers use a variety of

3. Comparing salaries from different times
Consider golfers who led the Professional Golfers' Association of America (PGA) in winnings at different ...


4. Inflation and interest rates
The following table shows the average nominal interest rates on six-month Treasury bills between


5. Interest, inflation, and purchasing power
Suppose Latasha is an avid reader and buys only comic books. Latasha deposits $

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