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Chambers, Jay C.; Vergun, Robert – 1999
This report presents two approaches to measuring inflation for public libraries: (1) an approach based on a fixed-market-basket (FMB) of the prices of library inputs, which yields a public library input cost index (PLICI), and (2) an approach based on an econometric model of library services and costs, which yields a public library cost of…
Descriptors: Budgeting, Cost Indexes, Costs, Inflation (Economics)