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Methods of calculating 12 month Inflation rates

When creating any index the base year is just year of which quantity is used to divide all other quantities. Hence general formula for index number for a random observation $X_i$ with base $n$ is ...
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Have governments ever defaulted on its public domestic debt or treasury bonds?

Has there ever been a time when a government defaulted on its due to a country's economic state, such as hyperinflation, or for some national or international political issue? Yes, since default ...
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If high interest rates cause strong currencies what do Argentina and Zimbabwe have currency collapse?

Interest rate does strengthen currency. There is both theoretical and also empirical evidence for it (eg see Copeland Exchange Rates and International Finance). However, interest rate is far from the ...
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