Focus on Economic Data: Consumer Price Index and Inflation, February 2012
Source: Council for Economic Education (EconEdLink) | Type: Lesson
This lesson focuses on the Consumer Price Index (CPI) and rate of inflation reported March 16, 2012, by the U.S. Bureau of Labor Statistics (BLS) for the month of February, 2012. Students will read the BLS report, analyze the meaning of the CPI data, determine the change in consumer prices, and explore the impact of the change in the price level on themselves, their families, consumers, and producers.
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