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10. Go to bls.gov and select Data Tools > Top picks, One Screen > Ination & Prices > All Urban Consumers (current series)0ne Screen >
10. Go to bls.gov and select Data Tools > Top picks, One Screen > Ination & Prices > All Urban Consumers (current series)0ne Screen > US. city average > All items > Seasonally Adjusted > Add Selection > Get Data > More Formatting Options > 12-month Percent Change > Retrieve Data. A) What is the number for 3/22, 4/22, and 5/22? B) How do these ination rates compare to the period 2012 through 2020? C) What does your response to parts (A) and (B) tell you about what is currently going on in the US. economy? 11. Go to bea. gov > Tools > Interactive Data > GDP & Personal Income > Begin Using the Data > Section 1 - Domestic Product and Income > Table 1.1.6 (Real GDP). A) For 2022 Q1, list the amounts for C, I, G, X, M, (X - M), and GDP. B) What was Real GDP for 2021 Q4? C) What does your answer to 11(A) and 11(B) and 9(A) tell you about the current position of the US. economy
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