G12 SUPER GIO
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LEARN MISSIONgrowth, inflation, employment, cycles, and monetary systems

growth, inflation, employment, cycles, and monetary systems

WORKED SOURCEWORKED SOURCE

Inflation from an index

Basket cost rises from $200 to $214. CPI inflation=(214-200)/200.

  1. Compute percent change, not dollar change.
  2. Trace the worked reasoning before selecting the conclusion.

What is inflation?

MODELEconomy Signal Board
POLICY
PROVEChoose with evidence
CLUE

Pause. Find what matters. Then make your move.