Summarize a news report

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Mathematics

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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IN THE NEWS 26. Consumer Price Index. Find a recent news report that includes a reference to the Consumer Price Index. Briefly describe how the Consumer Price Index is important in the story. 27. Index Numbers. Find a recent news report that includes an index number other than the Consumer Price Index. Describe the index number and its meaning, and discuss how the index is important in the story.
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Explanation & Answer

Attached.

Running Head: PROBLEMS FACING THE CONSUMER PRICE INDEX

Problems Facing the Consumer Price Index
Name
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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...


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