Understanding Inflation and CPI (Consumer Price Index)
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YouTubeMarginal Revolution University
Understanding Inflation and CPI (Consumer Price Index)
Inflation is common in a modern economy. Shifts in supply and demand for goods and services cause prices to change accordingly. When the average level of prices rises, that’s inflation. It means that you’ll need more money to purchase the same stuff. Inflation in the United States can be measured using the Bureau of Labor Statistics ...
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