Develop an analysis of inflation by including the following:

•Choose a product or service you currently consume/use, such as apparel or educational services, that is included in the CPI's "market basket." Find the annual CPI index numbers for your chosen good or service for the years 1995, 2005, 2010, and 2015.

•Analyze the trends in overall inflation over the last five years and whether your income has kept pace with inflation. How has inflation over the last five years affected you and/or your family?

•Discuss how a business manager, such as a human resources manager, might use CPI statistics

Answer rating: 100% (QA)

Inflation and Analyses of Monetary Policies 1 Choose a product or service you currently consumeuse such as apparel or educational services that is included in the CPIs market basket Find the annual CP... View the full answer