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Essay

Inflation In India

Essay specific features

 

Issue:

History

 

Written by:

Jill J

 

Date added:

April 5, 2017

 

Level:

University

 

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No of pages / words:

13 / 3490

 

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1781 times

 

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Essay content:

Some of the measures are CPI (Consumer price Index), Implicit Price Deflator (IPD), Producer Price Index (PPI), Employment Cost Index (ECI), and Gross Domestic Product (GDP), Retail Price Index (RPI). The most commonly used indexes are CPI and IPD. The method used to construct the CPI compares the current and base year cost of a basket of goods and services of fixed composition...
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The method used to construct the CPI compares the current and base year cost of a basket of goods and services of fixed composition. For the CPI the base is a fixed "market basket" or bundle of goods and services representative of the purchases of urban consumers. The index is the ratio of today's cost of the fixed bundle to the base year cost of the same bundle...
displayed 300 characters

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