Hey econ students! Thank you for watching my videos. I really appreciate it. In this video I quickly go over the difference between the inflation rate and the Consumer Price Index (CPI) and then give you several practice problems. Be sure to pause the vide
In this video I explain of how to calculate CPI for different base years. Make sure to try it on your own in the bonus round. If you need more help, check out my Ultimate Review Packet http://www.acdcecon.com/#!review-packet/czji