Assignment:
Assignment - Inflation and Government Economic Policies
Inflation is a measure of how prices have changed over time. If prices are changing due to inflation, each dollar spent will buy less.
In order to answer the questions below, go to the following website: https://www.bls.gov/cpi/
1. How has the CPI behaved since the year 2000? What have been the causes of these changes? In your response, include a graph of the CPI for this period and cite your source.
2. How has the Survey behaved since the year 2000? What have been the causes of these changes? In your response, include a graph of the CE for this period and cite your source.
3. How has the PPI behaved since the year 2000? What have been the causes of these changes? In your response, include a graph of the PPI for this period and cite your source.
4. What do the measures above tell us about consumer behavior? Have incomes changed enough to offset the inflation since 2000? What can we predict about future inflation?
5. What are the implications of these measures for government economic policies?
Tone, audience, and word choice.
Usage and Mechanics (4 points): Grammar, spelling, and sentence structure.
APA Elements (12 points): In text citations and references, paraphrasing, and appropriate use of quotations and other elements of style.