Econ 1: Sept. 25

Bellwork-Pg. 19

Write your answers in complete sentences. Do NOT write the question or copy the chart.

  1. For which items did the price index (or the price) INCREASE between 2006 and 2008?
  2. If the price index for clothes was 119.5 in 2006 and 117.8 in 2008, what can you INFER about the cost of clothing between those two years?
  3. For which item did the price index increase the MOST? Explain how you figured that out.

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