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30 minutes
High School - College
74 classes this year
Subjects: AP Economics Economics STEM
Topics: Buying Goods and Services Inflation Money

Does it feel like your dollars go as far as they used to? If not, how does that mesh when reports say inflation rates are lower than average? The October issue of Page One Economics explains the disconnect between what you might experience as a consumer and what the data show.

View Voluntary National Content Standards in Economics

Content Standard 11: Money and Inflation
Grade 12 Benchmarks

3. The consumer price index (CPI) is the most commonly used measure of price-level changes. It can be used to compare the price level in one year with the price levels in earlier or later periods.
4. The annual inflation rate is the percentage change in the average prices of goods and services over a twelve month period.

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