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  • Card 15 / 16:
    index number

    a unit-free number derived from the price level over a number of years, which makes computing inflation rates easier, since the index number has values around 100

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Source:  OpenStax, Macroeconomics. OpenStax CNX. Jun 16, 2014 Download for free at http://legacy.cnx.org/content/col11626/1.10
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