Construction of Indices Used to Measure Inflation
[vsw id=”Zl_eRBczasU” source=”youtube” width=”611″ height=”344″ autoplay=”no”] Since inflation is impactful on the general price level of an economy, it is tantamount to measure inflation using a price index. As such, it is important to understand how a price index is…
Business Cycle and Its Phases
[vsw id=”Zl_eRBczasU” source=”youtube” width=”611″ height=”344″ autoplay=”no”] A business or economic cycle is defined as the persistent fluctuation in the gross domestic product of a given economy within a specified period. A business cycle can be described by periods of expansion…




