Event #2

Choose three different goods (or services) that are important to you. Using the steps given on pages 506-8, construct the price index for the years 2015 and 2016, and using the indexes for these two years, compute the inflation rate between the year 2015 and the year 2016. The year 2014 should be used as a base year when computing the price indexes for the years 2015 and 2016.

1. Computers

2. Pizzas

3.Golf Balls

 
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