Price rises have been a real cause for economic concern in recent years. We take a look at how to calculate the rate of inflation.

3. Output (Production) Approach The Output Approach to calculating GDP focuses on determining a country's total output by calculating the value of all goods and services produced within its borders.

Calculating Your Per-Unit Sales Price Target Your total sales revenue equals the quantity of a product sold times its sales price.

With inflation rates rising around the globe, knowing how to calculate the rate using the GDP deflator is a useful tool. Inflation itself is the percentage change in price level f ...