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Inflation and Consumer Price Index (CPI) have no difference as the latter is so closely related to the former. Consumer Price Index is a mean to calculate inflation. So, is there any difference between inflation and Consumer price Index? One can only come across minute difference between the two, as CPI does not stand alone without inflation. The core inflation model was subsequently developed and advocated by Otto Eckstein, in a paper published in 1981. According to the economic theory historian Mark A. Wynne, "Eckstein was the first to propose a formal definition of core inflation, as the 'trend rate of increase of the price of aggregate supply.'” Usage Definition of 'Core Inflation'. Definition: An inflation measure which excludes transitory or temporary price volatility as in the case of some commodities such as food items, energy products etc. It reflects the inflation trend in an economy.

3 Covered carry trade and covered interest rate parity. 1.A foreign exchange forward is a contract specifying a speci c exchange rate for one currency to another currency on a future date. The investor can use the foreign exchange forward to lock the exchange rate in the future and hedge the foreign exchange risk. Currency Carry Trade: A currency carry trade is a strategy in which an investor sells a certain currency with a relatively low interest rate and uses the funds to purchase a different currency FXCTEM8 Index (Bloomberg Cumulative FX Carry Trade Index for 8 Emerging Market Currencies) The BLOOMBERG PROFESSIONAL service, BLOOMBERG Data and BLOOMBERG Order Management Systems (the “Services”) are owned and distributed locally by Bloomberg Finance L.P. (“BFLP”) and its subsidiaries in all jurisdictions other than Argentina, Bermuda, China, India, Japan and Korea (the

Formula for Break Even Analysis. The formula for break even analysis is as follows: Break even quantity = Fixed costs / (Sales price per unit – Variable cost per unit) Where: Fixed costs are costs that do not change with varying output (i.e. salary, rent, building machinery). Sales price per unit is the selling price (unit selling price) per unit.

A frequency distribution can be structured either a graph or a table. It has two elements: The set of categories that make up the original measurement scale.

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