part c- limitations of CPI in rate of inaltion

Created by

sahara

Cards (4)

what's a limitation of RPI?
excludes all households in top 4% of incomes
what's a limit of CPI?
covers a broader range of pop but doesn't include council tax or mortgage interest payments
info given by households in Living Costs and Food survey can be inaccurate
how often does the basket of goods change?
changes once a year- may miss some short-term changes

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part c- limitations of CPI in rate of inaltion

Cards (4)

2.1.2 Inflation

Theme 2: The UK economy – performance and policies

2.5.3 Inflation

2.1.1 Economic growth

2.1 Measures of economic performance

2.5 Economic performance

2.5.1 Economic growth

2.1.4 Balance of payments

2.5.2 Unemployment

2.3 Economic performance

2.1.3 Employment and unemployment

4.3 Economic performance

4.3.3 Inflation and deflation

1.1.2 CPU Performance

2.5.4 Trade and balance of payments

2.4.2 Understanding Business Performance

2.4.2 Understanding business performance

2. Performance

2.6.2 Fiscal policy

2.4 National income

2.1.2 Technical Preparation