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Consumer Prices Index
Two economic indices learnt at AS are the Consumer Prices Index (CPI) and the Retail Prices Index (RPI). Both are used to calculate the average price level for goods and services that people buy. A main purpose of most economic indices is to delete the distorting effect of inflation from the data being calculated.
what have you learned from the class
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reason why the change in equilibrium of output is greater than the change in initial invest ..
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