{"id":32026,"date":"2021-09-28T10:39:06","date_gmt":"2021-09-28T10:39:06","guid":{"rendered":"https:\/\/analystprep.com\/cfa-level-1-exam\/?p=32026"},"modified":"2026-07-28T19:23:45","modified_gmt":"2026-07-28T19:23:45","slug":"construction-of-indices-used-to-measure-inflation","status":"publish","type":"post","link":"https:\/\/analystprep.com\/cfa-level-1-exam\/economics\/construction-of-indices-used-to-measure-inflation\/","title":{"rendered":"Construction of Indices Used to Measure Inflation"},"content":{"rendered":"\n<script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"QAPage\",\n  \"mainEntity\": {\n    \"@type\": \"Question\",\n    \"name\": \"The Laspeyres index gives an inflation rate of 12% for 2018. The Paasche price index method gives an inflation rate of 3%. What is the Fischer\u2019s price index for 2018?\",\n    \"text\": \"Options:\\nA. 3.87%\\nB. 6.00%\\nC. 7.40%\",\n    \"answerCount\": 1,\n    \"acceptedAnswer\": {\n      \"@type\": \"Answer\",\n      \"text\": \"The correct answer is C. Fisher\u2019s price index is calculated as the geometric mean of the Laspeyres and Paasche price indices. The Fisher price index is calculated as the square root of (Laspeyres index \u00d7 Paasche index). Using the given inflation rates, the Laspeyres index is 112 and the Paasche index is 103. Therefore, Fisher\u2019s price index = \u221a(112 \u00d7 103) = 107.408. Converting this index value into an inflation rate gives approximately 7.40%.\"\n    }\n  }\n}\n<\/script>\n\n\n\n<iframe loading=\"lazy\" width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/Zl_eRBczasU?si=ZnvOBzd87vesHhMZ\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen=\"\"><\/iframe>\n\n\n\n<p class=\"wp-block-paragraph\">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 modeled so that inflation rates derived from a price index can be precisely elucidated. This is because inflation is weighed as the percentage change in the price index.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Price Index<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The steps necessary for creating a price index include:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>identification of the kind of index one wants to develop .i.e., yearly, monthly, or weekly;<\/li>\n\n\n\n<li>identification of the basket of goods or services for both the previous and the current year, assuming one is interested in a yearly price index of a particular good;<\/li>\n\n\n\n<li>calculation of the general price level of the previous and current year, respectively;<\/li>\n\n\n\n<li>one then sets the price index for the base year to be 100. After that, one calculates the price index for the current year (the observation year); and<\/li>\n\n\n\n<li>finally, to determine the inflation rate, one divides the price index for the current year by the price index for the base year minus 1.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">A price index demonstrates the average prices of a collection of goods and services. Majority of the price indices around the globe use the Laspeyres method. It\u2019s most common because the survey data on the consumption market is available with a lag. However, other methods such as the Paasche and Fisher methods are also used.<\/p>\n\n\n\n<div style=\"margin: 18px 0;\"><a style=\"display: block; text-align: center; padding: 14px 18px; border: 2px solid #2F5BFF; border-radius: 18px; color: #ffffff ; font-weight: 600; font-size: 16px; text-decoration: none; background-color: #1a73e8 ;\" href=\"https:\/\/analystprep.com\/free-trial\/\" target=\"_blank\" rel=\"noopener noreferrer\">Master cost-push and demand-pull inflation concepts with AnalystPrep\u2019s Free Trial. <\/a><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Laspeyres Price Index<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The Laspeyres price index measures the change in the price of the basket of goods relative to the base year weighting. It is given by:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$$I_{la}=\\frac{\u2211P_t Q_0}{\u2211P_0 Q_0 }$$<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Where<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\\(P_0\\)= price of the individual item at the base year<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\\(Q_0\\)= quantity of an individual item at the base period<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\\(P_t\\)= price of the individual item at the observation period<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Paasche Price Index<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The Paasche Price Index measures the change in the price and quantity of a basket of goods and services relative to base year price and <strong>observation year quantity<\/strong>. It is given by:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$$I_{pa}=\\frac{\u2211P_t Q_t}{\u2211P_0 Q_t }$$<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Where<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\\(Q_t\\)=quantity of the individual item at the observation period<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Fisher\u2019s Price Index<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Fisher\u2019s Price Index is the geometric mean of Laspeyres and Paasche price indices. That is:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$$I_{FI}=\\sqrt{I_{la}\\times I_{pa}}$$<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Example of Construction of Indices Used to Measure Inflation<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Study the table below. It shows the prices and quantities of Slice bread and Rice in the years 2017 and 2018.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$$<br>\n\\begin{array}{c|c|c|c|c}<br>\n\\textbf{} &amp; \\textbf{Quantity (2017)} &amp; \\textbf{Price per Quantity (2017)} &amp; \\textbf{Quantity (2018)} &amp; \\textbf{Price per Quantity (2018)} \\\\<br>\n\\hline<br>\n\\text{Sliced Bread} &amp; 52 &amp; \\$2.59 &amp; 51 &amp; \\$2.62 \\\\<br>\n\\hline<br>\n\\text{Bag of Rice} &amp; 36 &amp; \\$0.89 &amp; 38 &amp; \\$0.85 \\\\<br>\n\\end{array}<br>\n$$<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Calculate the Laspeyres, Paasche, and Fisher price indices and inflation rate taking 2017 as the base year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Solution<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Laspeyres prices is given by:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$$I_{la}=\\frac{\u2211P_t Q_0}{\u2211P_0 Q_0}=\\frac{2.62 \\times 52+0.85 \\times 36}{52 \\times 2.59+36 \\times 0.89} \\times 100=100.07$$<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The inflation rate is the price index for the current year divided by the price index for the base year minus 1. Using the Laspeyres index, the inflation rate for the year 2018 is:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$$\\frac{100.07}{100}-1=0.0007=0.07\\%$$<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Paasche price index is given by:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$$I_{pa}=\\frac{\u2211P_t Q_t}{\u2211P_0 Q_t }=\\frac{2.62 \\times 51+0.85 \\times 38}{2.59 \\times 51+0.89 \\times 38} \\times 100=100$$<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Using the Paasche price index method, the inflation rate for the year 2018 is 0%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Fisher\u2019s price index is the geometric mean of Laspeyres and Paasche indices, that is:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$$I_{FI}=\\sqrt{I_{la}\\times I_{pa}}=\\sqrt{100.07\u00d7100}=100.03$$<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Using the Fischer price index method, the inflation rate for the year 2018 is 3%.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<h3 class=\"wp-block-heading\"><strong>Question<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The Laspeyres index gives an inflation rate of 12% for 2018. The Paasche price index method gives an inflation rate of 3%. What is the Fischer&#8217;s price index for 2018?<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>3.87%<\/li>\n\n\n\n<li>6.00%<\/li>\n\n\n\n<li>7.40%<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Solution<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The correct answer is <strong>C<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fisher\u2019s price index is the geometric mean of Laspeyres and Paasche price indices. That is:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$$I_{FI}=\\sqrt{I_{la}\\times I_{pa}} = \\sqrt{I_{la}\\times I_{pa}} = \\sqrt{112\\times 103} = 107.408 $$<\/p>\n<\/blockquote>\n\n\n\n<div class=\"notes_inv\">\n<hr>\n<\/div>\n\n\n\n<div style=\"text-align: center; margin: 30px 0;\"><a style=\"display: inline-flex; align-items: center; justify-content: center; padding: 12px 26px; border-radius: 9999px; background: #1e5bd8; color: #ffffff; font-weight: bold; text-decoration: none;\" href=\"https:\/\/analystprep.com\/free-trial\/\" target=\"_blank\" rel=\"noopener noreferrer\"> Start Free Trial \u2192 <\/a> <p style=\"margin-top: 12px; font-size: 16px; line-height: 1.5;\">Strengthen your understanding of cost-push and demand-pull inflation, their causes, effects on prices and output, with CFA Level I study notes, practice questions, and mock exams.\n<\/p>\n <\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 modeled so that inflation rates derived&#8230;<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-32026","post","type-post","status-publish","format-standard","hentry","category-economics","blog-post","no-post-thumbnail","animate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Construction of Inflation Price Indices | CFA L1<\/title>\n<meta name=\"description\" content=\"Learn how price indices are constructed to measure inflation, including index formulas, weighting methods, and changes in price levels.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/analystprep.com\/cfa-level-1-exam\/economics\/construction-of-indices-used-to-measure-inflation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Construction of Inflation Price Indices | CFA L1\" \/>\n<meta property=\"og:description\" content=\"Learn how price indices are constructed to measure inflation, including index formulas, weighting methods, and changes in price levels.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/analystprep.com\/cfa-level-1-exam\/economics\/construction-of-indices-used-to-measure-inflation\/\" \/>\n<meta property=\"og:site_name\" content=\"AnalystPrep | CFA\u00ae Exam Study Notes\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-28T10:39:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-28T19:23:45+00:00\" \/>\n<meta name=\"author\" content=\"Kosikos Tuitoek\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kosikos Tuitoek\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/analystprep.com\\\/cfa-level-1-exam\\\/economics\\\/construction-of-indices-used-to-measure-inflation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/analystprep.com\\\/cfa-level-1-exam\\\/economics\\\/construction-of-indices-used-to-measure-inflation\\\/\"},\"author\":{\"name\":\"Kosikos Tuitoek\",\"@id\":\"https:\\\/\\\/analystprep.com\\\/cfa-level-1-exam\\\/#\\\/schema\\\/person\\\/73df713e3b6e82ee139e1eff20cebe20\"},\"headline\":\"Construction of Indices Used to Measure Inflation\",\"datePublished\":\"2021-09-28T10:39:06+00:00\",\"dateModified\":\"2026-07-28T19:23:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/analystprep.com\\\/cfa-level-1-exam\\\/economics\\\/construction-of-indices-used-to-measure-inflation\\\/\"},\"wordCount\":720,\"articleSection\":[\"Economics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/analystprep.com\\\/cfa-level-1-exam\\\/economics\\\/construction-of-indices-used-to-measure-inflation\\\/\",\"url\":\"https:\\\/\\\/analystprep.com\\\/cfa-level-1-exam\\\/economics\\\/construction-of-indices-used-to-measure-inflation\\\/\",\"name\":\"Construction of Inflation Price Indices | CFA L1\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/analystprep.com\\\/cfa-level-1-exam\\\/#website\"},\"datePublished\":\"2021-09-28T10:39:06+00:00\",\"dateModified\":\"2026-07-28T19:23:45+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/analystprep.com\\\/cfa-level-1-exam\\\/#\\\/schema\\\/person\\\/73df713e3b6e82ee139e1eff20cebe20\"},\"description\":\"Learn how price indices are constructed to measure inflation, including index formulas, weighting methods, and changes in price levels.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/analystprep.com\\\/cfa-level-1-exam\\\/economics\\\/construction-of-indices-used-to-measure-inflation\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/analystprep.com\\\/cfa-level-1-exam\\\/economics\\\/construction-of-indices-used-to-measure-inflation\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/analystprep.com\\\/cfa-level-1-exam\\\/economics\\\/construction-of-indices-used-to-measure-inflation\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/analystprep.com\\\/cfa-level-1-exam\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Construction of Indices Used to Measure Inflation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/analystprep.com\\\/cfa-level-1-exam\\\/#website\",\"url\":\"https:\\\/\\\/analystprep.com\\\/cfa-level-1-exam\\\/\",\"name\":\"AnalystPrep | CFA\u00ae Exam Study Notes\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/analystprep.com\\\/cfa-level-1-exam\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/analystprep.com\\\/cfa-level-1-exam\\\/#\\\/schema\\\/person\\\/73df713e3b6e82ee139e1eff20cebe20\",\"name\":\"Kosikos Tuitoek\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/8260edaa3f7ba04cf6b536b3f7fd769007ecb789b3289ac0cc4c3ab8b3f7f061?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/8260edaa3f7ba04cf6b536b3f7fd769007ecb789b3289ac0cc4c3ab8b3f7f061?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/8260edaa3f7ba04cf6b536b3f7fd769007ecb789b3289ac0cc4c3ab8b3f7f061?s=96&d=mm&r=g\",\"caption\":\"Kosikos Tuitoek\"},\"url\":\"https:\\\/\\\/analystprep.com\\\/cfa-level-1-exam\\\/author\\\/kosikos-tuitoek-enockanalystprep-com\\\/\"}]}<\/script>\n<meta property=\"og:video\" content=\"https:\/\/www.youtube.com\/embed\/Zl_eRBczasU\" \/>\n<meta property=\"og:video:type\" content=\"text\/html\" \/>\n<meta property=\"og:video:duration\" content=\"2049\" \/>\n<meta property=\"og:video:width\" content=\"480\" \/>\n<meta property=\"og:video:height\" content=\"270\" \/>\n<meta property=\"ya:ovs:adult\" content=\"false\" \/>\n<meta property=\"ya:ovs:upload_date\" content=\"2021-09-28T10:39:06+00:00\" \/>\n<meta property=\"ya:ovs:allow_embed\" content=\"true\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Construction of Inflation Price Indices | CFA L1","description":"Learn how price indices are constructed to measure inflation, including index formulas, weighting methods, and changes in price levels.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/analystprep.com\/cfa-level-1-exam\/economics\/construction-of-indices-used-to-measure-inflation\/","og_locale":"en_US","og_type":"article","og_title":"Construction of Inflation Price Indices | CFA L1","og_description":"Learn how price indices are constructed to measure inflation, including index formulas, weighting methods, and changes in price levels.","og_url":"https:\/\/analystprep.com\/cfa-level-1-exam\/economics\/construction-of-indices-used-to-measure-inflation\/","og_site_name":"AnalystPrep | CFA\u00ae Exam Study Notes","article_published_time":"2021-09-28T10:39:06+00:00","article_modified_time":"2026-07-28T19:23:45+00:00","author":"Kosikos Tuitoek","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Kosikos Tuitoek","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/analystprep.com\/cfa-level-1-exam\/economics\/construction-of-indices-used-to-measure-inflation\/#article","isPartOf":{"@id":"https:\/\/analystprep.com\/cfa-level-1-exam\/economics\/construction-of-indices-used-to-measure-inflation\/"},"author":{"name":"Kosikos Tuitoek","@id":"https:\/\/analystprep.com\/cfa-level-1-exam\/#\/schema\/person\/73df713e3b6e82ee139e1eff20cebe20"},"headline":"Construction of Indices Used to Measure Inflation","datePublished":"2021-09-28T10:39:06+00:00","dateModified":"2026-07-28T19:23:45+00:00","mainEntityOfPage":{"@id":"https:\/\/analystprep.com\/cfa-level-1-exam\/economics\/construction-of-indices-used-to-measure-inflation\/"},"wordCount":720,"articleSection":["Economics"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/analystprep.com\/cfa-level-1-exam\/economics\/construction-of-indices-used-to-measure-inflation\/","url":"https:\/\/analystprep.com\/cfa-level-1-exam\/economics\/construction-of-indices-used-to-measure-inflation\/","name":"Construction of Inflation Price Indices | CFA L1","isPartOf":{"@id":"https:\/\/analystprep.com\/cfa-level-1-exam\/#website"},"datePublished":"2021-09-28T10:39:06+00:00","dateModified":"2026-07-28T19:23:45+00:00","author":{"@id":"https:\/\/analystprep.com\/cfa-level-1-exam\/#\/schema\/person\/73df713e3b6e82ee139e1eff20cebe20"},"description":"Learn how price indices are constructed to measure inflation, including index formulas, weighting methods, and changes in price levels.","breadcrumb":{"@id":"https:\/\/analystprep.com\/cfa-level-1-exam\/economics\/construction-of-indices-used-to-measure-inflation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/analystprep.com\/cfa-level-1-exam\/economics\/construction-of-indices-used-to-measure-inflation\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/analystprep.com\/cfa-level-1-exam\/economics\/construction-of-indices-used-to-measure-inflation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/analystprep.com\/cfa-level-1-exam\/"},{"@type":"ListItem","position":2,"name":"Construction of Indices Used to Measure Inflation"}]},{"@type":"WebSite","@id":"https:\/\/analystprep.com\/cfa-level-1-exam\/#website","url":"https:\/\/analystprep.com\/cfa-level-1-exam\/","name":"AnalystPrep | CFA\u00ae Exam Study Notes","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/analystprep.com\/cfa-level-1-exam\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/analystprep.com\/cfa-level-1-exam\/#\/schema\/person\/73df713e3b6e82ee139e1eff20cebe20","name":"Kosikos Tuitoek","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/8260edaa3f7ba04cf6b536b3f7fd769007ecb789b3289ac0cc4c3ab8b3f7f061?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/8260edaa3f7ba04cf6b536b3f7fd769007ecb789b3289ac0cc4c3ab8b3f7f061?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8260edaa3f7ba04cf6b536b3f7fd769007ecb789b3289ac0cc4c3ab8b3f7f061?s=96&d=mm&r=g","caption":"Kosikos Tuitoek"},"url":"https:\/\/analystprep.com\/cfa-level-1-exam\/author\/kosikos-tuitoek-enockanalystprep-com\/"}]},"og_video":"https:\/\/www.youtube.com\/embed\/Zl_eRBczasU","og_video_type":"text\/html","og_video_duration":"2049","og_video_width":"480","og_video_height":"270","ya_ovs_adult":"false","ya_ovs_upload_date":"2021-09-28T10:39:06+00:00","ya_ovs_allow_embed":"true"},"_links":{"self":[{"href":"https:\/\/analystprep.com\/cfa-level-1-exam\/wp-json\/wp\/v2\/posts\/32026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analystprep.com\/cfa-level-1-exam\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analystprep.com\/cfa-level-1-exam\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analystprep.com\/cfa-level-1-exam\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/analystprep.com\/cfa-level-1-exam\/wp-json\/wp\/v2\/comments?post=32026"}],"version-history":[{"count":9,"href":"https:\/\/analystprep.com\/cfa-level-1-exam\/wp-json\/wp\/v2\/posts\/32026\/revisions"}],"predecessor-version":[{"id":62266,"href":"https:\/\/analystprep.com\/cfa-level-1-exam\/wp-json\/wp\/v2\/posts\/32026\/revisions\/62266"}],"wp:attachment":[{"href":"https:\/\/analystprep.com\/cfa-level-1-exam\/wp-json\/wp\/v2\/media?parent=32026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analystprep.com\/cfa-level-1-exam\/wp-json\/wp\/v2\/categories?post=32026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analystprep.com\/cfa-level-1-exam\/wp-json\/wp\/v2\/tags?post=32026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}