曼昆經(jīng)濟(jì)學(xué)原理(宏觀經(jīng)濟(jì)學(xué)分冊(cè))英文原版ppt課件-(已修改)
2025-08-17 08:08 本頁(yè)面
【正文】 169。 2022 Thomson SouthWestern 169。 2022 Thomson SouthWestern Measuring the Cost of Living ? Inflation refers to a situation in which the economy’s overall price level is rising. ? The inflation rate is the percentage change in the price level from the previous period. 169。 2022 Thomson SouthWestern THE CONSUMER PRICE INDEX ? The consumer price index (CPI) is a measure of the overall cost of the goods and services bought by a typical consumer. ? The Bureau of Labor Statistics reports the CPI each month. ? It is used to monitor changes in the cost of living over time. 169。 2022 Thomson SouthWestern THE CONSUMER PRICE INDEX When the CPI rises, the typical family has to spend more dollars to maintain the same standard of living. 169。 2022 Thomson SouthWestern How the Consumer Price Index Is Calculated 1. Fix the basket. Determine what prices are most important to the typical consumer. ? The Bureau of Labor Statistics (BLS) identifies a market basket of goods and services the typical consumer buys. ? The BLS conducts monthly consumer surveys to set the weights for the prices of those goods and services. 169。 2022 Thomson SouthWestern How the Consumer Price Index Is Calculated 2. Find the prices. Find the prices of each of the goods and services in the basket for each point in time. 3. Compute the basket’s cost. Use the data on prices to calculate the cost of the basket of goods and services at different times. 169。 2022 Thomson SouthWestern How the Consumer Price Index Is Calculated 4. Choose a base year and pute the index. ? Designate one year as the base year, making it the benchmark against which other years are pared. ? Compute the index by dividing the price of the basket in one year by the price in the base year and multiplying by 100. 10 0ye a r ba s ei n ba s ke t of P r i c e s e r v i c e s a n d g o od s ofba s ke t of P r i c ei nd e x pr i c eC on s um e r ??169。 2022 Thomson SouthWestern How the Consumer Price Index Is Calculated 5. C
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