For this activity you are going to research Canada's current (or as current as possible) Consumer Price Index (CPI) and also provide information about how the price of various items has changed over the last 10 years. 

 

Find the following information:

1. A graphic representation of the eight sectors that are used in the Canadian consumer basket in order to determine our Consumer Price Index. You can either copy and print the graphic you find or write out the information.

1. Select a variety of items (at least FIVE) that Canadians may purchase and compare their prices from 10 years ago (remember to adjust for inflation) to today's actual price. Record how much the price has increased or decreased over the last 10 years. Items you could include might be:

• The price of a McDonald's Big Mac
• Amazon or Walmart stock
• A pair of Nike shoes
• A pair of Levi jeans
• A pound of chocolate
• A computer printer
• A large screen TV
• Tylenol or Aspirin

1. Include the Annual Average CPI for Canada and indicate how much it increased or decreased over the last 12 months.

please answer all question without using ai technology.

Answer rating: 100% (QA)

To find Canadas current Consumer Price Index CPI and the eight sectors used in the Canadian consumer ... View the full answer