Examlex
The table below is the Laspeyres price index for a basket of goods related to the Computer IT industry. (a) Calculate and interpret the percentage price change from 2005 to 2013, using the 1988 base
index.
(b) Change the base of this index series to 2005. Explain why a base change may be useful.
(c) Using the series with base 2005 that you created in part (b) recalculate the percentage price change from 2005 to 2013. Interpret.
(d) Compare your answers from parts (a) and (c), in particular explain which value is a change in percentage points and which value is the percentage change.
Cognitive-Behavioural Therapy
A psychotherapeutic approach that addresses dysfunctional emotions, behaviors, and cognitions through goal-oriented, systematic procedures.
Aaron Beck
A psychiatrist known for developing cognitive therapy and for his research on depression, which has influenced treatments for various disorders.
Techniques
Methods or ways of performing tasks or procedures that are often specific to a particular field or activity.
Electroconvulsive Therapy (ECT)
A medical treatment most commonly used for major depressive disorder and bipolar disorder, involving electric currents passed through the brain to induce seizures.
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