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8.1 Tracking inflation  (Page 15/16)

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  • Card 15 / 16:
    index number

    a unit-free number derived from the price level over a number of years, which makes computing inflation rates easier, since the index number has values around 100

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Practice FlashCards 8 Key Terms 4

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Source:  OpenStax, Principles of macroeconomics for ap® courses. OpenStax CNX. Aug 24, 2015 Download for free at http://legacy.cnx.org/content/col11864/1.2
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