The Consumer Price Index, the CPI, measures the change in how much a typical consumer pays to buy a certain basket of products and services. The Consumer Price Index includes different products and services such as food and beverages, housing expenses, transportation, education, and so on.
- Inflation: What It Is, Where It Comes From and How It Can Bite YouThe troubled economy that began at the end of 2007 continues to have what economists call a long tail of uncertainty. Fueling that uncertainty is the fear of inflation -- an increase in the level of prices we pay for all types of goods and services. Teen economists help demystify the inflation equation and how it really affects what we spend.
- 10 Truths about Student Loan Debt