FRED Interactive: Index Numbers
The Consumer Price Index (CPI) measures the cost of living and the growth in the CPI is called inflation. In this interactive lesson, students learn to visualize the inflation rate in the United States and to use the CPI to adjust the value of wages for changes in the cost of living.
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: Inflation - The Economic Lowdown Podcast Series, an audio recording using clear, simple language to describe economic concepts.View more Lessons for Teaching Data Literacy »
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