FRED Interactive: Adjusting for Inflation
Adjusting monetary values for the general and sustained upward movement of prices for goods and services in an economy helps visualize trends and cycles in data. In this interactive lesson, students learn about the difference between nominal and real data.
Teachers: Visit the FRED Interactives in our Econ Lowdown Teacher Portal. Once you are logged in, go to the Resource Gallery and filter by “Resource Type: Interactive Lesson” to easily find and preview the FRED Interactive lessons.
Related: Data Units in FRED–Page One Economics Data Primer Series, short simple overview of a data-related topic that offers students an opportunity to use close reading strategies.
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