Question
The consumer price index represents the cost of a shopping basket of goods and services of a typical or average South African household. Consider the
The consumer price index represents the cost of a "shopping basket" of goods and services of a typical or average South African household. Consider the following table and answer the questions below:
Year CPI 2018 149.81 2019 156.22 7.1. Calculate the inflation rate for the period 2019. (2) 7.2. In table format, differentiate between the CPI and the PPI.
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Mostly Harmless Econometrics An Empiricist's Companion
Authors: Joshua Angrist
1st Edition
1400829828, 9781400829828
