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The Candy Price Index and the Gumball Domestic Product

Stefan Ruediger and Tatiana Batova
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Stefan Ruediger: Arizona State University
Tatiana Batova: Arizona State University

Journal of Economics Teaching, 2020, vol. 5, issue 1, 1-16

Abstract: The "Candy Price Index" by Hazlett and Hill (2003) introduces students to the biases of the Consumer Price Index (CPI). This paper extends their assignment to ...

Keywords: CPI; GDP (search for similar items in EconPapers)
JEL-codes: A21 A22 (search for similar items in EconPapers)
Date: 2020
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