Author Topic: RPI - what on earth ???!!!  (Read 2891 times)

holtadit

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RPI - what on earth ???!!!
« on: December 22, 2009, 12:45:02 pm »
In paper 4 they ask to describe how the RPI is calculated.

Could you give me the proper answer of how it is calculated ?

Offline SGVaibhav

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Re: RPI - what on earth ???!!!
« Reply #1 on: December 22, 2009, 06:00:12 pm »
what on earth r u doing    cambridge or edexcel
what on earth r u doing    subject?
what on earth r u doing    what is rpi?    [full form]
lol

Offline astarmathsandphysics

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Re: RPI - what on earth ???!!!
« Reply #2 on: December 22, 2009, 08:27:37 pm »
Retail price index. If rpi increases from 110 to 120 the rate of inflation is (120-110)/110*100%=9.09%

holtadit

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Re: RPI - what on earth ???!!!
« Reply #3 on: December 22, 2009, 08:34:01 pm »
retail price index = RPI

Im doing igcse economics.

Same question as above.

holtadit

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Re: RPI - what on earth ???!!!
« Reply #4 on: December 23, 2009, 08:05:57 am »
astar i need more than that. I want to know the steps to the whole process.

Offline wassup

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