Price Indices and Inflation- Macro 2.4

Price Indices and Inflation- Macro 2.4

Assessment

Interactive Video

Business

11th Grade - University

Hard

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Jacob Clifford's video tutorial on ACDC Econ explains inflation and the Consumer Price Index (CPI). It covers how to calculate CPI and inflation rates, emphasizing the importance of understanding base years and percent changes. The video includes practice problems to reinforce learning and clarifies common misconceptions about inflation calculations.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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