How much has the entire index changed in the past year


Problem

Visit the Bureau of Labor Statistics website for the CPI, and find the latest news release. Table 1 in that release presents CPI data for all items and also for many individual categories.

a. How much has the entire index changed (in percentage terms) in the past year?

b. Now pick out the five individual categories that have increased the most in the past year.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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International Economics: How much has the entire index changed in the past year
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