I have a figure that I want to adjust for inflation each month. I have monthly values for the UK Consumer Price Index but these are each for the change over the preceding 12 months. If my base value ...
I've been unable to find a concrete answer to this question so I assume I am overlooking something incredibly simple. In order to determine the real interest rate, I am required to use the nominal ...
Say that I'm watching a Swedish movie from the 1970s where a bank gets robbed and the robbers get away with 10 million SEK. I might then like to know how much that corresponds to in U.S. dollars today,...
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? ...
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 ...
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 ...