Go to the Bureau of Labor Statistics home page at www. bls.gov. Place the cursor over the

Question:

Go to the Bureau of Labor Statistics home page at www.

bls.gov. Place the cursor over the “Economic Releases”

tab and then click on “Major Economic Indicators”

in the drop-down menu that appears. Once on the

“Major Economic Indicators” page, click on “Consumer Price Index.” On that page, under “Table of Contents,”

click on “Table 1: Consumer Price Index for All Urban Consumers.” Using the “unadjusted” figures, determine what the CPI was for the previous month. How did it change from the previous month? How does the CPI compare to the same month one year ago?

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Macroeconomics

ISBN: 9781464110375

4th Edition

Authors: Paul Krugman, Robin Wells

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