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8.2 How changes in the cost of living are measured  (Page 12/21)

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  • Card 12 / 21:
    Describe a situation, either a government policy situation, an economic problem, or a private sector situation, where using the CPI to convert from nominal to real would be more appropriate than using the GDP deflator.

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Practice FlashCards 9 Key Terms 8

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Source:  OpenStax, University of houston downtown: macroeconomics. OpenStax CNX. May 28, 2014 Download for free at http://legacy.cnx.org/content/col11653/1.3
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