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RPI - what on earth ???!!!
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Topic: RPI - what on earth ???!!! (Read 2963 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 ?
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SGVaibhav
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Bugatti Veyron 16.4
Re: RPI - what on earth ???!!!
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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
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astarmathsandphysics
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Free the exam papers!
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%
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holtadit
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Re: RPI - what on earth ???!!!
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Reply #3 on:
December 22, 2009, 08:34:01 pm »
retail price index = RPI
Im doing igcse economics.
Same question as above.
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holtadit
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Re: RPI - what on earth ???!!!
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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.
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wassup
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Re: RPI - what on earth ???!!!
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Reply #5 on:
December 24, 2009, 08:44:23 am »
Go here:
http://www.s-cool.co.uk/alevel/economics/inflation-and-monetary-policy/inflation-the-basics.html
hope this helps.
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RPI - what on earth ???!!!