Macroeconomics 9th Edition by David Colander

تمرين 21

People's perception of inflation often differs from actual inflation.
a.List five goods that you buy relatively frequently.
b.Looking in old newspapers (found in the library on microfiche), locate sales prices for these goods since 1950, finding one price every five years or so.etermine the average annual price rise for each good from 1950 to today.
c.Compare that price with the rise in the consumer price index.