What is inflation? What are the causes of inflation? Is inflation desirable and what can be done to control inflation in a market economy?

 

  • What is inflation? What are the causes of inflation?  Is inflation desirable and what can be done to control inflation in a market economy?
  • What is the Consumer Price Index (CPI)?  How has the CPI behaved since the year 2000?  What have been the causes of these changes? In your response, include a graph of the CPI for this period and cite your source.
  • What is the Producer Price Index (PPI)?  How has the PPI behaved since the year 2000?  What have been the causes of these changes? In your response, include a graph of the PPI for this period and cite your source.
  • What is the Consumer Expenditure Survey (CE)?  How has the Survey behaved since the year 2000?  What have been the causes of these changes? In your response, include a graph of the CE for this period and cite your source.

 

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