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The iPad index

Read the article Oz prices cheap says Commsec's iPad index and then answer the questions below. You can either read the article in the window below or you can follow the previous link to read the article in a separate window.


Question 1

Explain what the iPad index shows and how it might be used.

Question 2

Suggest possible reasons for the differences in price of iPad in the UK and Australia.

Question 3

Discuss the relevance of indices like the Big Mac index and iPad index for economists and policy-makers.