Question
CPI: Inflation Picks Up According to the BLS, the CPI rose 3.8% in August of this year compared to a year earlier. Food prices rose
CPI: Inflation Picks Up
According to the BLS, the CPI rose 3.8% in August of this year compared to a year earlier. Food prices rose 4.6% and clothing prices were up 4.2%, while new car prices rose 3.8%, and medical care was up 3.2%.
- What percentage change in the CPI up until August is accounted for by the changes in the prices of food, clothing, and medical care?
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Historical Perspectives On The American Economy Selected Readings
Authors: Robert Whaples, Dianne C Betts
1st Edition
0521466482, 9780521466486
