Hello guys, Welcome to Africa's Largest Video Search Engine, and you are watching 📚 How to create a price index to calculate inflation for a basket of goods. and this video is uploaded by Study Force at 2017-07-26T09:57:47-07:00. We are just promoting this video only for entertainment and educational purpose only. I hop you like our Video Search Engine. [yfmLTdqcO44]
| Name | 📚 How to create a price index to calculate inflation for a basket of goods |
| Video Uploader | Video From Study Force |
| Upload Date | This Video Uploaded At 26-07-2017 16:57:47 |
| Video Discription | 🌎 Brought to you by: https://StudyForce.com 🤔 Still stuck in math? Visit https://StudyForce.com/index.php?board=33.0 to start asking questions. Price indices help citizens, businesses, and industries follow and predict trends in prices. A price index describes the price of an item compared to a base value measured at a particular time or in a particular place. The government tracks price changes using several different indices. The most important is the Consumer Price Index (CPI). To determine the CPI, data collection agencies collects thousands of price quotations from across the country for a basket of about 600 popular consumer goods and services. These items range from French fries and bus fares to tuition and Internet service. [yfmLTdqcO44] |
| Category | Education |
| Tags | Fx-991ES | high school | college | math | science | tutorial | tutor | professor | cpi | basket of goods | statistics | consumer price | price index |
