Description
Please refer to the “In The News” section in chapter 2, question 26 which directs you to find a news report on the Consumer Price Index. Write a brief summary answering the question in this section of the textbook.
Length: 350-500 words
Your summary should demonstrate thoughtful consideration of the ideas and concepts that are presented in the course and provide new thoughts and insights relating directly to this topic. Your summary should reflect scholarly writing and current APA standards. Review APA Form and Style.
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Running Head: PROBLEMS FACING THE CONSUMER PRICE INDEX
Problems Facing the Consumer Price Index
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PROBLEMS FACING THE CONSUMER PRICE INDEX
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Problems Facing the Consumer Price Index
Consumer Price Index (CPI) is a measure that estimates the average prices of consumed
goods, and services. Halah Touryalai, a writer from Forbes Wall Street, wrote an article aimed to
show the disadvantages of the CPI, and its significant effects on the economy. The author states
negative attributes about how it may kill th...