AP Notes, Outlines, Study Guides, Vocabulary, Practice Exams and more!

Krugman AP Macroeconomics Chapter 15

Wait just a minute here...

In order to access these resources, you will need to sign in or register for the website (takes literally 1 minute!) and contribute 10 documents to the CourseNotes library. Until you contribute 10 documents, you'll only be able to view the titles and some teaser text of the uploaded documents. There are 100,000+ essays, DBQs, study guides, practice tests, etc. that are only available to members that contribute. So what are you waiting for?

Get started right now!

Subject: 
Economics
Rating: 
0
No votes yet
Tags: 
Price indices
economics
Statistics
Econometrics
Deflator
GDP deflator
inflation
Consumer price index
Price index
Real versus nominal value
Real gross domestic product
Index
Business
behavior
Human development
Computing
Computer file formats
Electronic documents
Interpersonal relationships
Psychoanalysis
Human behavior
Portable Document Format
Attachment theory
Technology

Chapter 15: The Measurement and Calculation of Inflation ? -How the inflation rate is measured -What a price index is and how it is calculated -The importance of the consumer price index and other price indexes ? Aggregate Price Level: a measure of the overall level of prices in the economy/single number to represent the overall level of prices Market Basket: a hypothetical set of consumer purchases of goods and services/Hypothetical Consumption bundle Consumption bundle: the typical basket of goods and services purchased before the price changes Price index: measure of the cost of purchasing a given market basket in a given year Base year: always results in a price index of 100 Price indexes are also the basis for measuring inflation

Need Help?

We hope your visit has been a productive one. If you're having any problems, or would like to give some feedback, we'd love to hear from you.

For general help, questions, and suggestions, try our dedicated support forums.

If you need to contact the Course-Notes.Org web experience team, please use our contact form.

Need Notes?

While we strive to provide the most comprehensive notes for as many high school textbooks as possible, there are certainly going to be some that we miss. Drop us a note and let us know which textbooks you need. Be sure to include which edition of the textbook you are using! If we see enough demand, we'll do whatever we can to get those notes up on the site for you!