chapter 20introduction to macroeconomics and national income accounting mis 112 spr?ng 2006 anouncements web page of www boun edu tr badur mis112 begg s book begg6 com some key issues in inflation the rate change general price level 100 p2 p1 p is old new pr?ce weighted average individual goods services prices an economy wipi wi weight each good pi its 1 consumer index cpi t fe whole sale wpi example calculation annual january 123 57 jsnuary 2005 114 4556 7 96 monthly december 122 65 0 75 unemployment a measure number people looking for work but who are without jobs