Consumer Concepts

Consumer Price Index (CPI)

Oct 12, 2011

BLS CPI Frequently Asked questionsMeasures changes in the price level of consumer goods and services purchased by households.

Good

Oct 12, 2011

What are goods?An item that you buy or someone supplies to you.

Service

Oct 12, 2011

Types of ServiceAn aid or helpful activity towards another person.

Inflation

Oct 12, 2011

Inflation: The Concise Encyclopedia of EconomicsThe rate at which the general level prices of goods and services is rising.

Interest

Oct 12, 2011

Introduction to InterestMoney gained on the money in your account. Simple or Compoud.

Budget

Oct 12, 2011

What is a budget?A fixed amount of money that is to be spent each month or year on certain things based on your monthly or yearly income.