CPI
Across
- 1. A sustained rise in the general price level in an economy
- 7. A sustained fall in the general price level in an economy
- 8. The method used in CPI to reflect the importance of different goods and services
- 12. Income adjusted for changes in the price level
- 13. A statistical figure used to measure changes in economic data over time
- 14. An index number that measures the average change in prices of a basket of goods and services
- 15. The amount of money households need to maintain a certain standard of life
Down
- 2. Income received in money terms without adjusting for inflation
- 3. The percentage change in the price level over a period of time
- 4. Method used to collect information on household spending patterns for CPI
- 5. Figures showing the relative importance of different items in the CPI basket
- 6. Extremely rapid and out of control rise in the general price level
- 9. The quantity of goods and services that income can buy
- 10. The fixed set of goods and services used to calculate the CPI
- 11. The average of current prices across the entire range of goods and services