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The consumer price index between the years 1990 and 2006 is shown below. Consumer Price Index (CPI) CPI (2002-100) 120- 110 100 90 80
The consumer price index between the years 1990 and 2006 is shown below. Consumer Price Index (CPI) CPI (2002-100) 120- 110 100 90 80 07 1990 1994 1998 Year 2002 2006 What is the base year for the CPI? [1A] In what year was the CPI approximately 90% of the base cost? [1A] Approximately, what was the CPI in 1990? What does this mean? [3A] Calculate the approximate annual rate of inflation from 1990 to 2006. [4A] During one of Fox New's broadcasts, anchor Tucker Carlson displayed a graph below saying that the number of Americans identifying as Christians had collapsed over the last decade. Is this graph misleading? Explain. Hint: Look at where the y-axis begins and finishes. Namely, would the graph look any different if the y-axis started at 0% as opposed to 58%? [4A] PERCENTAGE OF AMERICANS THAT IDENTIFY AS CHRISTIANS 77% 65% 68 58 2009 2019 FEW RESEARCH CENTER FOX WE USED TO BE AN ENTHUSIASTICALLY CHRISTIAN NATION NEWS 8:00 ET TUCKER CARLSON-TONIGHT 78 - 12.
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