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How is interest calculated for home loan in banks?
it is calculated by 6% of the cpi
What are the differences between CPI and core CPI?
CPI is the consumer price index. It is a measure of inflation created using various statistics and indicies compiled by the Bureau of Labor Statistics Core CPI is the same number that excludes food and energy
Does CPI only count domestic goods?
Consumer Price Index, or CPI, is a measure of changes in the purchasing power of a currency and the rate of inflation. It also considers imported goods, as well as domestic products.
In 1990 when the consumer price index (CPI) was 130.7 Deena purchased a house for 98700. Assuming that the price of houses increased at the same rate as the CPI from 1980 to 1990 approximately how muc?
62,200 for apex financial literacy 2.6.2
The CPI is a price index that can be defined as?
CPI stands for Consumer Price Index. CPI is use to closely check the prices of consumer goods (transportation, food and medical care).
What is the relationship between CPI and inflation?
CPI is the indicator of inflation in any country.If CPI is high it means inflation is high.
What was the rate of inflation between the base and 1989 if the CPI for 1989 was 124?
24 percent (gp)
If the CPI for transportation was 112.7 in 1970 and 243.7 in 1980 what was the inflation rate for transportation between 1970 and 1980?
116.2%
What is the current cpix rate?
The current CPI inflation rate is 3.5%.
If the cpi rises what happens to prime rate?
If the CPI or Consumer Price Index rises the prime rate will stay the same, but may be adjusted to reflect the state of the economy. An instant rise in the CPI does not equate to an instant rise or decrease in the prime rate. The prime rate is adjusted after several economic factors are reviewed.
If CPI for entertainment in 1970 was 113.4 and 200.6 in 1980 what is the inflation rate between 1970 and 1980 Round to nearest percent?
77%
How is interest calculated for home loan in banks?
it is calculated by 6% of the cpi
What is CPI rate?
Consumer Price Index meausres inflation.
What is the differenc between CPI and headline rate of inflation?
In the, CPI is the measure of inflation but elsewhere it may be the RPIX...RPIX includes mortgage payments. So if a country uses RPIX to measure inflation the difference is that the RPIX includes mortgage costs.
What is the CPI of Saudi Arabia?
Saudi gold rate per gram
The cpi for entertainment in 1970 was 113.4 and 200.6 in 1980 find the inflation rate for entertainment between 1970 and 1980 round to the nearest percent?
77%
If the CPI for Entertainment in 1970 was 113.4 and 200.6 in 1980 find the inflation rate for Entertainment between 1970 and 1080 Round your answer to the nearest percent?
77%
