Examlex
When ice floats in water, a small part of it extends above the surface. Interestingly enough, the volume of ice that extends above the surface is equal to the volume of the
Inflation Rate
measures the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.
Consumer Price Index
An indicator that assesses the typical shift through time in the expenses urban purchasers face for a predetermined array of consumer items and services.
Inflation Rate
The percentage increase in the general level of prices for goods and services over a period.
Consumer Price Index
A measure of the average shift in costs for various consumer items and services bought by urban dwellers, the Consumer Price Index reveals how these prices change over time.
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