Question
Q1: Find a news article from a credible news source that discusses inflation of a particular product or service. Answer the following questions: (/6) What
Q1: Find a news article from a credible news source that discusses inflation of a particular product or service. Answer the following questions: (/6)
What is the product or service experiencing inflation? (/1)
What is the inflation rate for that item? (/1)
Does the article note that the price increase is due to inflation? Or do they attribute the increase to other factors? Explain. (/3)
Provide a link to the article here: (/1)
Q2: Do you feel that the inflated price of the item you chose in your response to Q1 is too high for the average Canadian family to afford? Why or why not? Provide evidence for your response. [HINT: I expect you to do research to find evidence for your response. This evidence may include statistics regarding family incomes, family budgets, costs of living, etc., compounding cultural or societal factors, global trends or events, etc.]. (/5)
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