Focus on Economic Data: Consumer Price Index and Inflation, October, 2012
Source: Council for Economic Education (EconEdLink) | Type: Lesson
This lesson focuses on the Consumer Price Index (CPI) and rate of inflation for the month of October, 2012, reported the U.S. Bureau of Labor Statistics (BLS) on November 15, 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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