3 ms·
That isn't what inflation measures. That's what life expectancy measures.
by rowanajmarshall 5y ago
That isn't what inflation measures. That's what life expectancy measures.
- tharne 5y agoNo, this has to do with prices and values. If you're getting a higher quality of surgery for the same price as before, the cost of a surgery has effectively gone down.
- rubyn00bie 5y agoYou’re 100% wrong here and very loud about how wrong you are. Why? Why are you so vocal about something you’re not educated about (economics)?
- ajnin 5y agoHere's another example that you might be more familiar with : let's say that year N there is a specific laptop available for sale for $1200. Year N+3 you can still find for sale that laptop which still costs $1200 but which has improved guts and is twice as fast as before. Has the price of laptops stayed the same or gone down ? From the point of view of CPI calculation, it has gone down.