中级宏观经济学课件第2章1.pptVIP

* Note: Because the weights don’t all sum to 1, the CPI is a weighted sum, not a weighted average. * * * Be sure to point out that the data are the percentage changes, not the levels, of the CPI and the GDP deflator. In 1980, the CPI increased much faster than the GDP deflator. Ask students if they can offer a possible explanation. In 1955, the CPI showed slightly negative inflation, while the GDP deflator showed positive inflation. Ask students for possible explanations. (For possible answers, just refer to previous slide.) * * * source: Bureau of Labor Statistics, U.S. Depar