Economics

What is the formula for CPI consumer price index? and how it is use to calculate prices?

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asked by Tim
  1. Prices are used to calculate the Consumer Price Index; not the other way around. See
    http://en.wikipedia.org/wiki/United_States_Consumer_Price_Index
    for details on how it it calculated

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    posted by drwls
  2. what does the inflation formula shows?

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    posted by Tim

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