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C205 TA: Ki Qo Cai Inflation Assignment Due at 5:00 pm on the date it is assigned Time: Wis ASS. This activity focuses on the price level for the U.S. You will use FRED to find data that pertain to inflation. Go to http‘//fred stlouisfed.org/ to get the data you need to answer the questions below. Students should complete this assignment in groups of three or four. Each group member should contribute. A different person should write the answer to each question. To submit the assignment to be graded for accuracy, use a photos-to-pdf app. Take a picture of the paper assignment. Upload the PDF file to the Inflation Assignment on the recitation Moodle page. EACH STUDENT SHOULD SUBMIT THEIR OWN ASSIGNMENT, Return the paper assignment to your TA as you leave the classroom. TAs will keep papers in case group members need to access them later. You must upload your PDF to Moodle to get a grade. 1, List group member names and birthdates in the chart below. (Wait to fill in the inflation rate.) ‘Group Member Names Birthdate Inflation Rate Reno Lee Plalte Weftooy | 3-622 Sheona Shilou \o/\b /2005] +.350 Alison Austin Odb/ac/aerd| 3.64 7 Skivyon _lunaui Whe [2005] 3-324 w Go to htto.//fred.stlouisfed.org/ In the blue “Search FRED data” bar, type in “CPI.” Click on “Consumer Price Index for All Urban Consumers: Alll Items in U.S. City Average, Index 1982-1984=100, Monthly, Seasonally Adjusted.” 2. What agency reports the data on this page? | V5. Bowvd of Lebor StotistilS | 3. How frequently is the information reported? Mowx\aly 4. What is the most recent value for the CPI? What is this value? (List month/year and value) 3, WY 202% ) 43204 .348 5. What does the most recent CPI value tell us? Be specific. (It is not the inflation rate) Wells 0s Mok pric Yom aan a highur -+hom +h bose veor 1437- I9ey4 
