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Textbooks of macroeconomics regularly remind their readers that they should not interpret the macroeconomic price variable as some sort of average price. Instead it represents some price index indicating the average of the individual items' price changes between the period considered and some...
Persistent link: https://www.econbiz.de/10010327744
The inflation rate is normally computed as a weighted average of individual price changes. Alternatively, this rate …
Persistent link: https://www.econbiz.de/10010356068
Textbooks of macroeconomics regularly remind their readers that they should not interpret the macroeconomic price variable as some sort of average price. Instead it represents some price index indicating the average of the individual items' price changes between the period considered and some...
Persistent link: https://www.econbiz.de/10010356094
Textbooks of macroeconomics regularly remind their readers that they should not interpret the macroeconomic price variable as some sort of average price. Instead it represents some price index indicating the average of the individual items’ price changes between the period considered and some...
Persistent link: https://www.econbiz.de/10010720382
The inflation rate is normally computed as a weighted average of individual price changes. Alternatively, this rate …
Persistent link: https://www.econbiz.de/10010720390
indices. These three indices are the key for the official inflation measurements that are made around the world today. …
Persistent link: https://www.econbiz.de/10010327751
indices. These three indices are the key for the official inflation measurements that are made around the world today. …
Persistent link: https://www.econbiz.de/10010356084
indices. These three indices are the key for the official inflation measurements that are made around the world today. …
Persistent link: https://www.econbiz.de/10010720374
, because in his view they were inappropriate measures of inflation. Instead, he devised the unit value index, which he regarded …
Persistent link: https://www.econbiz.de/10008765944
prejudices of that time (e. g. regarding inflation under the regime of a gold currency). …
Persistent link: https://www.econbiz.de/10010907922