(WINE)is the product chosen please refer to BLS for charts and data that can be added to the assignment with three scholarly peer-reviewed references from Bureau of Labor Statistics (BLS) and the Federal Reserve of St. Louis FRED
purpose of Assignment
This assignment will introduce students to the U.S. Department of Labor’s Bureau of Labor Statistics (BLS) data and provide students with the skills to calculate inflation and interpret the Consumer Price Index (CPI).Note: The BLS is the primary source of information on inflation but their data is re-posted in other sources such as the St. Louis Federal Reserve FRED site among others.
Resources:Tutorial help on Exceland Word functions can be found on the MicrosoftOffice website. There are also additional tutorials via the web offering support for Office products.
Usean internet search or the University Library to locate information on the Consumer Price Index (CPI). Internet sites you might find useful include the Bureau of Labor Statistics (BLS) and the Federal Reserve of St. Louis FRED web site although you are allowed to use other sources.
Developa minimum 700-word analysis of inflation by including the following:
Citea minimum of three scholarly peer-reviewed references.
Formatyour paper consistent with APA guidelines.