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Difference between disinflation and deflation

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Reference no: EM133177326

For this question, refer to the CPI Newsletters attached to the questions.

a) Explain Inflation. How is deflation measured? Provide a formula.

b) What is the difference between disinflation and deflation?

c) What is the difference between core inflation and headline inflation?

d) Calculate the year-on-year inflation for January 2022?

e) What is the percentage change in the cost of living between January 2018 and February 2022?

f) Based on information in the Press Releases, how much in real terms, will GHC 20000 paid in 2018 be worth in January 2022?

Reference no: EM133177326

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