Elinor – InfoComm

Basket of Goods: Definition, CPI Calculation, and Example.

May 4, 2023 by Elinor

Basket of Goods. A basket of goods is a collection of items that are used to measure changes in the cost of living. The basket of goods is used to calculate the consumer price index (CPI), which is a measure of inflation. What do you mean by CPI? The consumer price index (CPI) is a … Read more

What Is the Implied Rate?

October 25, 2022 by Elinor

The implied rate is the interest rate that is implied by the price of a financial instrument. For example, if the price of a bond is $100, the implied rate is the interest rate that would make the price of the bond equal to $100. The implied rate can be different from the actual interest … Read more