Amount in 2017 dollars
Amount in Past * (Price in 2017/Price in Past)
Price per something
Total Spent/Quantity Bought
CPI
Consumer Price Index
How to find CPI
(Price of goods in current year/Price of goods in the base year) * 100
How to find inflation rate
CPI of current year - CPI of Base year/CPI of Base Year
Inflation rate
A percent change from one period to another
GDP Deflator
Nominal GDP/Real GDP
Nominal GDP
Current Quantity * Current Price
Real GDP
Current Quantity * Set Price
With Union
Wage increase
Demand fall
Supply rise
Unemployment increase
No union but another service did
Wage decrease
Demand rise
Supply rise
Increase of employment