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Bolivia's falling currency reserves
Bolivia’s balance of payments has reached a critical situation this year putting the country’s economy under significant pressure. In February...
Unsustainable fishing in the South Atlantic
The scale of unregulated fishing in a disputed region close to the Falkland Islands (Malvinas in Argentina) in the South Atlantic has reached...
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- Hi Mark, That's because the weightings in this case are calculated as a proportion of 1000. For example, Clothing and footwear is 160 out of a total of 1000 (160/1000). This value is multiplied by the price index for clothing and footwear (160...
- 14 May 2024
Alex Smith
Paper 3 question on inflation, price indices, exchange rates and policies to deal with inflation
I hope that's clear now Mark. If you have any more questions let me know. Alex - 13 May 2024
Mark Odhiambo
Paper 3 question on inflation, price indices, exchange rates and policies to deal with inflation
I get it, that's the inflation rate. - 13 May 2024
Mark Odhiambo
Paper 3 question on inflation, price indices, exchange rates and policies to deal with inflation
how did you get 1.178 when calculating the weighted price index 2020?