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Price Indices, Inflation, and Nominal vs. Real Income

Price Indices, Inflation, and Nominal vs. Real Income
Price Indices, Inflation, and Nominal vs. Real Income
Price Indices, Inflation, and Nominal vs. Real Income
Price Indices, Inflation, and Nominal vs. Real Income
Price Indices, Inflation, and Nominal vs. Real Income
Price Indices, Inflation, and Nominal vs. Real Income
Price Indices, Inflation, and Nominal vs. Real Income
Price Indices, Inflation, and Nominal vs. Real Income
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734 KB|2 pages
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Product Description
This worksheet provides students with practice constructing a price index and using such an index to calculate inflation. It also helps to better understand the difference between nominal and real income and how changes in inflation affect an individuals true purchasing power.
Total Pages
2 pages
Answer Key
Included
Teaching Duration
50 minutes
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