Inflation is a cornerstone of macroeconomic theory

Reference no: EM13768400

Inflation is a cornerstone of macroeconomic theory, and as such I'd like you to do a little field work of your own regarding the topic. What I'm asking for in this assignment is to pick a good or service that interests you, do some research to determine what prices were for that good in the years 2009 through 2013 and provide a brief explanation (2 paragraphs or so) as to why you think they changed over that span of time.

1. Your best bet for general inflation data is www.bls.gov. However, finding information on specific prices may entail doing some more creative web searching. If you cannot find detailed price information for each year, just locate what you can.

2. I'd like you to cite your source of information for price information. I don't need a MLS style citation, just a website.

3. Have fun with this. Pick something that interests you, not just something that is easy to find information for (i.e. gasoline).

Reference no: EM13768400

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