{"id":341,"date":"2015-05-04T15:53:06","date_gmt":"2015-05-04T15:53:06","guid":{"rendered":"https:\/\/pressbooks.ccconline.org\/accmacro\/chapter\/learning-objective-price-indexes-and-data\/"},"modified":"2023-07-14T19:07:30","modified_gmt":"2023-07-14T19:07:30","slug":"learning-objective-price-indexes-and-data","status":"publish","type":"chapter","link":"https:\/\/pressbooks.ccconline.org\/accmacro\/chapter\/learning-objective-price-indexes-and-data\/","title":{"raw":"Outcome: Price Indexes and Real Data","rendered":"Outcome: Price Indexes and Real Data"},"content":{"raw":"

What you'll learn to do:\u00a0use a price index to translate between real and nominal data<\/h2>\nIn this section, you\u00a0will learn about the importance of looking at \"real\" data\u2014<\/span>information that has been adjusted for inflation, and why doing so can help economists to get a more accurate assessment of a value.\n

LEARNING ACTIVITIES<\/h3>\nThe learning activities for this section include:\n
    \n\t
  • Reading: Nominal and Real Values<\/li>\n\t
  • Reading: Computing Real Values Using Price Indexes<\/li>\n\t
  • Self Check: Price Indexes and Real Data<\/li>\n<\/ul>\nTake time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.","rendered":"

    What you’ll learn to do:\u00a0use a price index to translate between real and nominal data<\/h2>\n

    In this section, you\u00a0will learn about the importance of looking at “real” data\u2014<\/span>information that has been adjusted for inflation, and why doing so can help economists to get a more accurate assessment of a value.<\/p>\n

    LEARNING ACTIVITIES<\/h3>\n

    The learning activities for this section include:<\/p>\n

      \n
    • Reading: Nominal and Real Values<\/li>\n
    • Reading: Computing Real Values Using Price Indexes<\/li>\n
    • Self Check: Price Indexes and Real Data<\/li>\n<\/ul>\n

      Take time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.<\/p>\n","protected":false},"author":32,"menu_order":23,"template":"","meta":{"pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-341","chapter","type-chapter","status-publish","hentry"],"part":316,"_links":{"self":[{"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/pressbooks\/v2\/chapters\/341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/wp\/v2\/users\/32"}],"version-history":[{"count":1,"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/pressbooks\/v2\/chapters\/341\/revisions"}],"predecessor-version":[{"id":342,"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/pressbooks\/v2\/chapters\/341\/revisions\/342"}],"part":[{"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/pressbooks\/v2\/parts\/316"}],"metadata":[{"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/pressbooks\/v2\/chapters\/341\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/wp\/v2\/media?parent=341"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/pressbooks\/v2\/chapter-type?post=341"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/wp\/v2\/contributor?post=341"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/pressbooks.ccconline.org\/accmacro\/wp-json\/wp\/v2\/license?post=341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}