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Copyright © 2011 Cengage Learning 24 Measuring the Cost of Living.

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Presentation on theme: "Copyright © 2011 Cengage Learning 24 Measuring the Cost of Living."— Presentation transcript:

1 Copyright © 2011 Cengage Learning 24 Measuring the Cost of Living

2 Table 1 Calculating the Consumer Prices Index and the Inflation Rate: An Example (1) Copyright © 2011 Cengage Learning

3 Table 1 Calculating the Consumer Prices Index and the Inflation Rate: An Example (2) Copyright © 2011 Cengage Learning

4 Table 1 Calculating the Consumer Prices Index and the Inflation Rate: An Example (3) Copyright © 2011 Cengage Learning

5 Table 1 Calculating the Consumer Prices Index and the Inflation Rate: An Example (4) Copyright © 2011 Cengage Learning

6 Table 1 Calculating the Consumer Prices Index and the Inflation Rate: An Example (5) Copyright © 2011 Cengage Learning

7 Figure 1 The Typical Basket of Goods and Services (2009) Copyright © 2011 Cengage Learning

8 Table 2 Inflation Rates Across the European Union (2005 = 100) Copyright © 2011 Cengage Learning

9 Figure 2 Two Measures of Inflation Copyright © 2011 Cengage Learning

10 Figure 3 GDP Deflator (EU 27) Copyright © 2011 Cengage Learning

11 Table 2 The Most Popular Films of All Times, Inflation-adjusted Copyright © 2011 Cengage Learning

12 Figure 4 Real and Nominal Interest Rates Copyright © 2011 Cengage Learning


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