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- https://socialsci.libretexts.org/Bookshelves/Economics/Principles_of_Macroeconomics_3e_(OpenStax)/09%3A_Inflation/9.02%3A_Tracking_InflationFor example, an increase of 10% in the rental rate on housing matters more to most people than whether the price of carrots rises by 10%. To construct an overall measure of the price level, economists...For example, an increase of 10% in the rental rate on housing matters more to most people than whether the price of carrots rises by 10%. To construct an overall measure of the price level, economists compute a weighted average of the prices of the items in the basket, where the weights are based on the actual quantities of goods and services people buy.
- https://socialsci.libretexts.org/Courses/Prince_Georges_Community_College/ECON_1030%3A_Principles_of_Macroeconomics/05%3A_The_Business_Cycle/5.02%3A_Inflation/5.2.02%3A_Tracking_InflationFor example, an increase of 10% in the rental rate on housing matters more to most people than whether the price of carrots rises by 10%. To construct an overall measure of the price level, economists...For example, an increase of 10% in the rental rate on housing matters more to most people than whether the price of carrots rises by 10%. To construct an overall measure of the price level, economists compute a weighted average of the prices of the items in the basket, where the weights are based on the actual quantities of goods and services people buy.
- https://socialsci.libretexts.org/Courses/Diablo_Valley_College/Econ_101%3A_Economics_of_Public_Issues_(Sorce)/10%3A_Unemployment_and_Inflation/10.05%3A_Tracking_InflationFor example, an increase of 10% in the rental rate on housing matters more to most people than whether the price of carrots rises by 10%. To construct an overall measure of the price level, economists...For example, an increase of 10% in the rental rate on housing matters more to most people than whether the price of carrots rises by 10%. To construct an overall measure of the price level, economists compute a weighted average of the prices of the items in the basket, where the weights are based on the actual quantities of goods and services people buy.
