3 ms·
Adjusted by what? Official inflation figures. Look at official inflation and they restrict the measurement to items that are probably less than half of what the
by coliveira 3y ago
Adjusted by what? Official inflation figures. Look at official inflation and they restrict the measurement to items that are probably less than half of what the average person needs to buy. So inflation adjusted GPD is really misleading in times of high inflation. We might be close to zero growth and the official statistics would still show economic growth.
- gruez 3y ago>Adjusted by what? Official inflation figures. Look at official inflation and they restrict the measurement to items that are probably less than half of what the average person needs to buy. Here's the basket that the bls uses for cpi: https://www.bls.gov/cpi/tables/relative-importance/2022.htm https://www.bls.gov/cpi/tables/relative-importance/2022.htm What specific issues do you have with it?