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Focus on Economic Data: Consumer Price Index and Inflation, November 9, 2014
Source: Council for Economic Education (EconEdLink) | Type: Lesson

Using data from the Bureau of Labor Statistics on the Consumer Price Index (CPI), students investigate the latest release for September 2014. Students will explore what a "good" inflation rate is, and why 0% or deflation is harmful to the economy.

Grades:

• 9-12

Concepts:

• Consumer Price Index (CPI)
• Deflation
• Inflation
• Macroeconomic Indicators
• Price Stability

Standards:

• Economics 15: Growth
• Economics 18: Macroeconomy-Income/Employment, Prices
• Economics 19: Unemployment and Inflation
• Economics 20: Monetary and Fiscal Policy

Related Resources:

• Principles of Economics
• Focus on Economic Data: Consumer Price Index and Inflation, September 16, 2009
• Focus on Economic Data: U.S. Consumer Price Index, October 16, 2008

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