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Does a webpage for historical currency exchange rates and inflation data exist?
Say that I'm watching a Swedish movie from the 70s where a bank gets robbed and the robbers get away with 10 million sek. I would then like to know how much would that correspond to in us dollars ...
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How do economists gather retail price data, such as for tracking inflation?
How do economists track the prices of things like milk, produce, furniture and other retail products? Do they have people with clipboards going out to stores and gathering data? Scrape web sites? ...
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What is the meaning of 'indexing' something?
From a document about 2011 taxes, I came across this line:
For 2011, the income thresholds, personal amounts, and tax reduction amounts are indexed. They have been increased based on changes in ...
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When the Reserve Bank determines the interest rates, do they take the house prices into account?
My knowledge of how interest rates work (please correct me if I'm wrong) is that it is set by the Central Bank of a country.
They're supposed to be apolitical and independent and their decision ...
