CPI

Mer som dette

Key

Ved Rajan Sidharth

chapter 1

Ved Do Trinh

Units of Measurement

Ved Cameron Littler

Water Scarcity: Factors affecting distribution and accessibility

Ved Ling See Ang

CPI

example

pear

apple

twice the weight

if we spend twice as much on apples as on pears

Price Index

contains

all the goods and service

house rent

transportation

haircuts

medicine

gas

food

consumed in a county

determined

by

the value of what is consumed

in a country

weight in CPI basket

the larger the value in total consumption

the larger the weight

CPI basket

in the basket

Consumer Price Index