Question
(Please listen to the podcast Who Eats the Cost of Higher Food Prices?, which can be found online, and answer the question below). Low-income households
(Please listen to the podcast "Who Eats the Cost of Higher Food Prices?", which can be found online, and answer the question below).
Low-income households spend a disproportionate amount of their income on food and as inflation continues to spike, especially when it comes to food prices, these families are particularly vulnerable. However, research looking at how the Bureau of Labor Statistics calculates the consumer price index, indicates the CPI may be failing to show the extent of that harm. Today, why the CPI may be underestimating higher prices in the supermarket for low-income Americans.
Please write your reflection on podcast in 400 words.
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