Objective
Students will be able to:
- Interpret data related to the Consumer Price Index.
In this economics activity, students examine and explain the role of the Consumer Price Index.
Resources
Procedure
This is an individual activity where students will read and interpret data from the St. Louis Fed Inflation Dashboard.CPI is a widely used tool to measure inflation and is often included in discussions on monetary policy. After reviewing the Inflation Data Dashboard students will complete either the Analyzing CPI Data worksheet or ReadyAssessments Activity.To complete this activity, students need to follow the directions below:
- Go to the Inflation Data Dashboard.
- Complete either the Analyzing CPI Data worksheet or ReadyAssessments Activity.