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Focus on Economic Data: The Inflation Rate - October 2001
Source: Council for Economic Education (EconEdLink) | Type: Lesson
The seasonally adjusted rate of change in the consumer price index during the month of October 2001 was -0.3 percent or a decrease of three-tenths of one percent. The consumer price index has increased over the last twelve months by 2.1 percent.
Grades:
Concepts:
- Consumer Economics
- Consumer Price Index (CPI)
- Consumers
- Deflation
- Full Employment
- Inflation
- Monetary Policy
- Money
- Unemployment
Standards:
- Economics 10: Role of Economic Institutions
- Economics 11: Role of Money
- Economics 18: Macroeconomy-Income/Employment, Prices
- Economics 19: Unemployment and Inflation
- Economics 20: Monetary and Fiscal Policy
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