How is CPI constructed?

Proportion of income used to weigh catagories

Increase in index is the percentage of inflation

Test

Inflation - Short Quiz

Bethan Gale 5 preguntas

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1Inflation is the tendency of prices to rise persistently (eg for more than two quarters)
1. AVerdadero
2. BFalso
2How is inflation currently measured?
1. ACPI
2. BRPI
3. CRPIX
4. DRPIY
3How is CPI constructed?
1. ALiving costs survey
2. BProportion of income used to weigh catagories
3. CMortgage interest payments
4. DAmount of indirect tax
5. EIncrease in index is the percentage of inflation
4VAT distorts CPI
1. AVerdadero
2. BFalso
5Mortgage interest payments are included in CPI
1. AVerdadero
2. BFalso

Descripción: A level (Macro Economics) Economics Test sobre Inflation - Short Quiz, creado por Bethan Gale el 19/04/2015.
Autor: Bethan Gale
Idioma: English
Visitas: 61
Etiquetas: economics macro economics edexcel as unit 2 managing the economy economics macro economics a level
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