Determine what the cpi was for the previous month


Problem

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?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Determine what the cpi was for the previous month
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